1706 N Water ST, Burnet TX 78611

The market data from 7 similar recent sales in OAKS points to a value of approximately $201,370. To sell within a reasonable timeframe at fair market value, the $129,000 to $139,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in OAKS. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1940 construction puts this home 27 years older than the comp average, a factor in the pricing. Buyers in OAKS have 4 comparable options right now, with asking prices between $130,000 and $269,000. In 78611, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 1504 N Water ST, Burnet TX 78611, adjusting to $134,969; 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