803 E Elm ST, Burnet TX 78611

My analysis of 3 comparable properties puts this home's estimated value at $226,942. Based on how the local market is moving, a list price between $220,000 and $234,000 would position this home well. This home's position in the current JOHNSON market: the most affordable of 2 comparable homes on the market among comparable properties. At 271 sqft smaller than the typical comp, the size difference factors into the valuation. With 2 similar homes currently listed in JOHNSON (a buyer's market), competition is a factor to consider. The 6 month price trend in 78611: risen 5.1%. The best comp here is 117 Ellis CT, Burnet TX 78611 at an adjusted value of $220,820, with a larger floor plan. With 3 comparable sales in JOHNSON, 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