156 Thomas RDG, Burnet TX 78611

The market data from 7 similar recent sales in 78611 points to a value of approximately $366,162. To sell within a reasonable timeframe at fair market value, the $422,000 to $450,000 range is where I'd position this. In the current 78611 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's larger footprint (166 sqft vs the comp average) plays a role in how the market prices it. The 1985 construction puts this home 15 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in 78611, ranging from $273,000 to $555,000. In 78611, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 1011 N Vanderveer ST, Burnet TX 78611, adjusting to $313,154; a strong comparable. The 7 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