314 Delaware Springs BLVD, Burnet TX 78611

The market data from 7 similar recent sales in DELAWARE SPGS points to a value of approximately $393,593. To sell within a reasonable timeframe at fair market value, the $311,000 to $321,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in DELAWARE SPGS. The smaller floor plan (197 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1995 construction puts this home 6 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in DELAWARE SPGS (a buyer's market), competition is a factor to consider. In 78611, home values have fallen approximately 2% over the past 6 months. One of the strongest data points is 106 Vandeventer DR, Burnet TX 78611, adjusting to $436,152; a strong comparable. 7 comparable transactions in DELAWARE SPGS 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