116 Riata CT, Bertram TX 78605

Reviewing the most recent comparable transactions, this home's market value falls around $283,321. For a well positioned listing in DOVE MEADOW, I'd target the $315,000 to $316,000 range. In the current DOVE MEADOW market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.22 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in DOVE MEADOW; a buyer's market based on recent absorption. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 604 Dove TRL, Bertram TX 78605, with an adjusted value of $249,291; a strong comparable. 7 comparable transactions in DOVE MEADOW 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