504 N Chaparral, Burnet TX 78611

The market data from 7 similar recent sales in CASSIE points to a value of approximately $398,112. To sell within a reasonable timeframe at fair market value, the $496,000 to $593,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in CASSIE. The 583 sqft size difference versus comparable sales is reflected in the adjusted values. The 1973 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in CASSIE, listed between $499,000 and $895,000. In 78611, home values have fallen approximately 26.4% over the past 6 months. One of the strongest data points is 201 Bronco DR, Burnet TX 78611, adjusting to $260,170; with a smaller floor plan. 7 comparable transactions in CASSIE 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