400 5th ST, Burnet TX 78611

The estimated value of this property is $345,341, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $285,000 and $295,000. Among the similar homes currently available in OAKS WEST, this price point stands out as competitive. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in OAKS WEST (a buyer's market), competition is a factor to consider. Recent trends in 78611 show home values have fallen 27.4% since 6 months ago. The most comparable recent sale is 1502 Hamilton ST, Burnet TX 78611, with an adjusted value of $334,827; with a smaller floor plan. With 6 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