705 E Pecan ST, Burnet TX 78611

After reviewing 7 recent transactions in VANDERVEER/ ALEXANDER, I estimate this property's value at $159,226. A competitive list price for this home right now would fall in the $113,000 to $123,000 range. This would position the home competitively among 2 active listings in VANDERVEER/ ALEXANDER. At 242 sqft smaller than the typical comp, the size difference factors into the valuation. At 35 years newer than typical comps, the 1988 build date influences the valuation. With 2 similar homes currently listed in VANDERVEER/ ALEXANDER (a buyer's market), competition is a factor to consider. Prices in 78611 have fallen 4.1% over the last 6 months. A similar home at 709 N Rhomberg ST, Burnet TX 78611 carries an adjusted comparable value of $155,183, providing a strong data point. With 7 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