306 W 7th ST, Burnet TX 78611

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $202,073. I'd recommend coming to market at $137,000 to $147,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in OAKS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 1946, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.46 acre lot (larger than the 0.38 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in OAKS, ranging from $130,000 to $269,000. The trend in 78611 shows prices have fallen 5% in the past 6 months. 1504 N Water ST, Burnet TX 78611 nearby adjusts to $142,238; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group