1206 Oak ST, Burnet TX 78611

The market data from 7 similar recent sales in OAKS points to a value of approximately $205,948. To sell within a reasonable timeframe at fair market value, the $134,000 to $144,000 range is where I'd position this. Against 1 similar active listings in OAKS, this price point lands at below the only comparable home currently on the market. This home's smaller footprint (221 sqft vs the comp average) plays a role in how the market prices it. The 1976 construction puts this home 8 years newer than the comp average, a factor in the pricing. 1 similar homes are currently available in OAKS, creating a buyer's market for this price range. In 78611, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 308 6th ST, Burnet TX 78611, adjusting to $258,965; with a larger floor plan. 7 comparable transactions in OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group