1207 E Live Oak ST, Burnet TX 78611

The market data from 7 similar recent sales in JOHNSON points to a value of approximately $176,403. To sell within a reasonable timeframe at fair market value, the $173,000 to $180,000 range is where I'd position this. With 2 comparable homes on the market in JOHNSON, this price positions the property as the most expensive of 2 comparable homes on the market. Being 501 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1920 construction puts this home 59 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in JOHNSON, ranging from $130,000 to $320,000. In 78611, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 305 Highland DR, Burnet TX 78611, adjusting to $135,258; a strong comparable. 7 comparable transactions in JOHNSON 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