107 TL Wilson LN, Bertram TX 78605

My analysis of 7 comparable properties puts this home's estimated value at $622,388. Based on how the local market is moving, a list price between $413,000 and $423,000 would position this home well. Buyers shopping in 78605 right now would see this as a well positioned option among 2 comparable homes. The larger floor plan (411 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (5.00 acres versus the area average of 1.58) contributes to the valuation. There are currently 2 similar homes on the market in 78605, ranging from $405,990 to $425,000. The 6 month price trend in 78605: fallen 17.7%. The best comp here is 200 Longhorn Oak, Liberty Hill TX 78642 at an adjusted value of $881,211, a strong comparable. With 7 comparable sales in 78605, 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