501 Shady Oak ST, Burnet TX 78611

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $281,871. Pricing this home between $313,000 and $314,000 would put it in the competitive sweet spot for GARDNER ESTATES. Buyers shopping in GARDNER ESTATES right now would see this as a well positioned option among 7 comparable homes. At 40 years older than typical comps, the 1971 build date influences the valuation. The larger lot (0.35 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in GARDNER ESTATES; 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, 901 N Hill ST, Burnet TX 78611 at an adjusted $247,111, is a strong comparable. The comp data here (7 sales in GARDNER ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus