1609 Oak ST, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $234,503. For a well positioned listing in OAKS WEST, I'd target the $309,000 to $314,000 range. With 7 comparable homes on the market in OAKS WEST, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.22 acres, the lot is smaller than the 0.26 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in OAKS WEST, listed between $239,000 and $399,999. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 1012 N Water ST, Burnet TX 78611, with an adjusted value of $152,375; a strong comparable. 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