706 S Main ST, Burnet TX 78611

The estimated value of this property is $227,686, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $403,000 and $417,000. Among the similar homes currently available in VANDERVEER/ ALEXANDER, this price point stands out as competitive. The larger floor plan (519 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1940, this home is 24 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in VANDERVEER/ ALEXANDER; a buyer's market based on recent absorption. Recent trends in VANDERVEER/ ALEXANDER show home values have risen 105.4% since 6 months ago. The most comparable recent sale is 406 E Graves ST, Burnet TX 78611, with an adjusted value of $243,390; with a smaller floor plan. Based on 7 relevant data points in VANDERVEER/ ALEXANDER, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX