201 Alexander Ave, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $487,951. To generate strong buyer interest while maximizing value, I'd price this between $290,000 and $300,000. In the current 78611 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 0.92 acres, the lot is smaller than the 0.96 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78611, listed between $250,000 and $529,000. The trend in 78611 shows prices have risen 3.5% in the past 6 months. 116 Travis TRL, Burnet TX 78611 nearby adjusts to $601,569; a strong comparable. 7 comparable transactions in 78611 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