708 Cemetery ST, Burnet TX 78611

The estimated value of this property is $153,263, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $185,000 and $220,000. Against 2 similar active listings in VANDERVEER/ ALEXANDER, this price point lands at the most affordable of 2 comparable homes on the market. At 360 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1992, this home is 39 years newer than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in VANDERVEER/ ALEXANDER, creating a buyer's market for this price range. Recent trends in 78611 show home values have risen 3.2% since 6 months ago. The most comparable recent sale is 405 E Brier LN, Burnet TX 78611, with an adjusted value of $172,289; 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