1155 E State Highway 29, Bertram TX 78605

The estimated value of this property is $258,730, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $272,000 and $309,000. In the current 78605 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1939, this home is 67 years older than the average comp, which is reflected in the adjustments. The 0.85 acre lot (larger than the 0.54 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78605 (a buyer's market), competition is a factor to consider. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 460 Oaks RD, Bertram TX 78605, with an adjusted value of $224,069; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group