305 E Live Oak ST, Burnet TX 78611

The market data from 7 similar recent sales in VANDERVEER/ ALEXANDER points to a value of approximately $168,127. To sell within a reasonable timeframe at fair market value, the $208,000 to $227,000 range is where I'd position this. Among the similar homes currently available in VANDERVEER/ ALEXANDER, this price point stands out as competitive. The 1965 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in VANDERVEER/ ALEXANDER; a buyer's market based on recent absorption. In 78611, home values have fallen approximately 2% over the past 6 months. One of the strongest data points is 304 E Live Oak ST, Burnet TX 78611, adjusting to $226,991; with a larger floor plan. 7 comparable transactions in VANDERVEER/ ALEXANDER 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