503 N Vanderveer DR, Burnet TX 78611

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $233,304. I'd recommend coming to market at $282,000 to $283,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78611. Built in 1915, this home is 84 years older than the average comp, which is reflected in the adjustments. The 0.38 acre lot (larger than the 0.32 acre average) is reflected in the estimate. Buyers in 78611 have 7 comparable options right now, with asking prices between $239,000 and $390,000. The trend in 78611 shows prices have fallen 27.6% in the past 6 months. 700 Lewis DR, Burnet TX 78611 nearby adjusts to $194,217; a strong comparable. Based on 7 relevant data points in 78611, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX