900 S Rockwood DR, Burnet TX 78611

The market data from 7 similar recent sales in INKS LAKE points to a value of approximately $584,290. To sell within a reasonable timeframe at fair market value, the $567,000 to $602,000 range is where I'd position this. Against 1 similar active listings in INKS LAKE, this price point lands at below the only comparable home currently on the market. At 122 sqft larger than the typical comp, the size difference factors into the valuation. The 1966 construction puts this home 18 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in INKS LAKE (a buyer's market), competition is a factor to consider. In 78611, home values have fallen approximately 20.2% over the past 6 months. One of the strongest data points is 1002 S Rockwood DR, Buchanan Dam TX 78609, adjusting to $1,072,205; a strong comparable. 7 comparable transactions in INKS LAKE 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