708 N Vanderveer, Burnet TX 78611

After reviewing 7 recent transactions in PHAIR, I estimate this property's value at $282,584. A competitive list price for this home right now would fall in the $312,000 to $318,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in PHAIR's current inventory. This home's larger footprint (111 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in PHAIR, ranging from $301,490 to $389,000. Prices in 78611 have fallen 5.7% over the last 6 months. A similar home at 1502 Hamilton ST, Burnet TX 78611 carries an adjusted comparable value of $310,391, providing a strong data point. With 7 comparable sales in PHAIR, 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