400 N Hill ST, Burnet TX 78611

Based on 7 closed sales in HIGHLAND ACRES EAST, the data points to a value around $411,837 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $449,000 to $586,000. This would position the home competitively among 3 active listings in HIGHLAND ACRES EAST. Being 620 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1972 (11 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in HIGHLAND ACRES EAST; a buyer's market based on recent absorption. Market data shows 78611 prices fallen 1.9% over the last half year. The closest comparable sale, 811 County Road 130, Burnet TX 78611 at an adjusted $376,661, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in HIGHLAND ACRES EAST. 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