403 Shady Oak, Burnet TX 78611

The market data from 7 similar recent sales in GARDNER ESTATES points to a value of approximately $267,387. To sell within a reasonable timeframe at fair market value, the $351,000 to $364,000 range is where I'd position this. With 7 comparable homes on the market in GARDNER ESTATES, this price positions the property as the most affordable of 7 comparable homes on the market. At 146 sqft larger than the typical comp, the size difference factors into the valuation. The 1973 construction puts this home 19 years older than the comp average, a factor in the pricing. The active market in GARDNER ESTATES includes 7 comparable homes priced from $309,000 to $550,000. In 78611, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 604 E Kerr ST, Burnet TX 78611, adjusting to $277,447; with a larger floor plan. 7 comparable transactions in GARDNER ESTATES 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