1700 Oak ST, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $309,320. For a well positioned listing in OAKS WEST, I'd target the $368,000 to $375,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in OAKS WEST. The 1984 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.81 acres, the lot is larger than the 0.51 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in OAKS WEST; a buyer's market based on recent absorption. Recent trends in 78611 show home values have fallen 26.7% since 6 months ago. The most comparable recent sale is 1502 Hamilton ST, Burnet TX 78611, with an adjusted value of $346,718; with a smaller floor plan. 7 comparable transactions in OAKS WEST 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