The estimated value of this property is $457,648, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $373,000 and $383,000. In the current CASSIE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 175 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 4 similar properties are competing for buyers in CASSIE, listed between $365,000 and $895,000. Recent trends in CASSIE show home values have risen 138.6% since 6 months ago. The most comparable recent sale is 310 S Chaparral, Burnet TX 78611, with an adjusted value of $558,826; with a smaller floor plan. With 7 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