216 S Chaparral, Burnet TX 78611

The market data from 7 similar recent sales in CASSIE points to a value of approximately $387,857. To sell within a reasonable timeframe at fair market value, the $240,000 to $250,000 range is where I'd position this. With 1 comparable homes on the market in CASSIE, this price positions the property as below the only comparable home currently on the market. At 372 sqft smaller than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 9 years older than the comp average, a factor in the pricing. The active market in CASSIE includes 1 comparable homes priced from $245,000 to $245,000. In 78611, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 201 Bronco DR, Burnet TX 78611, adjusting to $200,156; 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