703 N Pierce ST, Burnet TX 78611

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $296,750. I'd recommend coming to market at $331,000 to $338,000 to strike the right balance between value and market velocity. In the current PHAIR market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 134 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1958, this home is 38 years older than the average comp, which is reflected in the adjustments. Buyers in PHAIR have 3 comparable options right now, with asking prices between $308,990 and $415,000. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 304 Gristmill RD, Burnet TX 78611 nearby adjusts to $312,566; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group