804 N West ST, Burnet TX 78611

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $284,019. To generate strong buyer interest while maximizing value, I'd price this between $342,000 and $344,000. With 7 comparable homes on the market in CHEATHAM, this price positions the property as the most affordable of 7 comparable homes on the market. The 1955 construction puts this home 52 years older than the comp average, a factor in the pricing. At 0.57 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. The active market in CHEATHAM includes 7 comparable homes priced from $320,000 to $400,000. The trend in 78611 shows prices have fallen 27.4% in the past 6 months. 1317 Spicewood DR, Burnet TX 78611 nearby adjusts to $320,953; a strong comparable. 7 comparable transactions in CHEATHAM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group