711 E Johnson ST, Burnet TX 78611

Based on 7 closed sales in SHADY GROVE, the data points to a value around $230,201 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $267,000 to $284,000. Relative to what's currently available in SHADY GROVE, this home would be the most affordable of 5 comparable homes on the market. Lot size matters here: 0.19 acres versus 0.60 for the typical comp. The active market in SHADY GROVE includes 5 comparable homes priced from $275,000 to $475,000. Market data shows 78611 prices fallen 27.2% over the last half year. The closest comparable sale, 801 E Johnson ST, Burnet TX 78611 at an adjusted $266,688, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SHADY GROVE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group