702 E Willow ST, Burnet TX 78611

After reviewing 3 recent transactions in VANDERVEER/ ALEXANDER, I estimate this property's value at $224,099. A competitive list price for this home right now would fall in the $279,000 to $286,000 range. This home's position in the current VANDERVEER/ ALEXANDER market: the most affordable of 6 comparable homes on the market among comparable properties. Being 110 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.28 acres versus the area average of 0.23) contributes to the valuation. 6 similar homes are currently available in VANDERVEER/ ALEXANDER, creating a buyer's market for this price range. Prices in VANDERVEER/ ALEXANDER have risen 105.4% over the last 6 months. A similar home at 805 E Elm ST, Burnet TX 78611 carries an adjusted comparable value of $181,343, providing a strong data point. With 3 comparable sales in VANDERVEER/ ALEXANDER, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group