807 Dixie DR, Burnet TX 78611

The market data from 7 similar recent sales in KINCHELOE points to a value of approximately $306,328. To sell within a reasonable timeframe at fair market value, the $262,000 to $272,000 range is where I'd position this. Against 4 similar active listings in KINCHELOE, this price point lands at the most expensive of 4 comparable homes on the market. This home's smaller footprint (483 sqft vs the comp average) plays a role in how the market prices it. At 0.20 acres, the lot is smaller than the 1.11 acre comp average, which factors into pricing. The active market in KINCHELOE includes 4 comparable homes priced from $255,500 to $435,000. In 78611, home values have fallen approximately 27.8% over the past 6 months. One of the strongest data points is 711 E Johnson ST, Burnet TX 78611, adjusting to $313,773; with a smaller floor plan. 7 comparable transactions in KINCHELOE 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