304 E Live Oak ST, Burnet TX 78611

Based on 7 closed sales in VANDERVEER/ ALEXANDER, the data points to a value around $136,267 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $153,000 to $176,000. This would position the home competitively among 3 active listings in VANDERVEER/ ALEXANDER. This home's smaller footprint (199 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.17 acres versus 0.26 for the typical comp. Right now, 3 similar properties are competing for buyers in VANDERVEER/ ALEXANDER, listed between $130,000 and $320,000. Market data shows 78611 prices fallen 7.2% over the last half year. The closest comparable sale, 507 S Boundary ST, Burnet TX 78611 at an adjusted $175,764, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VANDERVEER/ ALEXANDER. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group