508 N Main ST, Burnet TX 78611

Based on 7 closed sales in 78611, the data points to a value around $196,031 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $272,000 to $281,000. This home's position in the current 78611 market: the most affordable of 5 comparable homes on the market among comparable properties. The 117 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1930 (48 years older than comps) is factored into the value estimate. There are currently 5 similar homes on the market in 78611, ranging from $255,500 to $525,000. Market data shows 78611 prices fallen 27.4% over the last half year. The closest comparable sale, 711 E Johnson ST, Burnet TX 78611 at an adjusted $248,599, is with a smaller floor plan. 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