506 E Kerr ST, Burnet TX 78611

My analysis of 3 comparable properties puts this home's estimated value at $199,655. Based on how the local market is moving, a list price between $291,000 and $293,000 would position this home well. Relative to what's currently available in PETER KERR, this home would be the most affordable of 7 comparable homes on the market. This home's smaller footprint (169 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.35 acres versus the area average of 0.31) contributes to the valuation. 7 similar homes are currently available in PETER KERR, creating a buyer's market for this price range. The 6 month price trend in 78611: fallen 27.6%. The best comp here is 700 Lewis DR, Burnet TX 78611 at an adjusted value of $226,407, a strong comparable. The comp data here (3 sales in PETER KERR) 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