802 Lewis DR, Burnet TX 78611

The market data from 7 similar recent sales in HIGHLAND ACRES points to a value of approximately $315,786. To sell within a reasonable timeframe at fair market value, the $414,000 to $432,000 range is where I'd position this. Against 6 similar active listings in HIGHLAND ACRES, this price point lands at the most affordable of 6 comparable homes on the market. The 183 sqft size difference versus comparable sales is reflected in the adjusted values. The 1968 construction puts this home 30 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in HIGHLAND ACRES, ranging from $399,000 to $840,000. In 78611, home values have fallen approximately 26.4% over the past 6 months. One of the strongest data points is 1412 Adam Ave, Burnet TX 78611, adjusting to $359,403; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group