402 E Johnson ST, Burnet TX 78611

After reviewing 7 recent transactions in PETER KERR POR, I estimate this property's value at $362,063. A competitive list price for this home right now would fall in the $696,000 to $831,000 range. This would position the home competitively among 4 active listings in PETER KERR POR. At 1,282 sqft larger than the typical comp, the size difference factors into the valuation. At 117 years older than typical comps, the 1880 build date influences the valuation. Current inventory shows 4 comparable homes in PETER KERR POR; a buyer's market based on recent absorption. Prices in 78611 have fallen 8.3% over the last 6 months. A similar home at 710 Cottonwood DR, Burnet TX 78611 carries an adjusted comparable value of $313,600, providing a strong data point. With 7 comparable sales in PETER KERR POR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group