1507 N Water ST, Burnet TX 78611

The market data from 3 similar recent sales in OAKS points to a value of approximately $216,486. To sell within a reasonable timeframe at fair market value, the $176,000 to $186,000 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. The 1960 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in OAKS, ranging from $162,900 to $162,900. In 78611, home values have fallen approximately 26.5% over the past 6 months. One of the strongest data points is 308 6th ST, Burnet TX 78611, adjusting to $250,447; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group