504 E Kerr ST, Burnet TX 78611

Based on 7 closed sales in 78611, the data points to a value around $261,899 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $319,000 to $324,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78611's current inventory. Being built in 1973 (26 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78611 (a buyer's market), competition is a factor to consider. Market data shows 78611 prices fallen 0.1% over the last half year. The closest comparable sale, 901 N Hill ST, Burnet TX 78611 at an adjusted $235,665, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus