1705 Oak ST, Burnet TX 78611

Reviewing the most recent comparable transactions, this home's market value falls around $359,447. For a well positioned listing in OAKS WEST, I'd target the $249,000 to $259,000 range. Against 7 similar active listings in OAKS WEST, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 135 sqft size difference versus comparable sales is reflected in the adjusted values. The 1996 construction puts this home 16 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in OAKS WEST, ranging from $229,900 to $499,999. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 1502 Hamilton ST, Burnet TX 78611, with an adjusted value of $360,326; with a smaller floor plan. 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