116 South ST, Bertram TX 78605

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $263,425. I'd recommend coming to market at $196,000 to $206,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BERTRAM CITY, this price point stands out as competitive. Built in 1929, this home is 89 years older than the average comp, which is reflected in the adjustments. The 0.71 acre lot (larger than the 0.38 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in BERTRAM CITY; a buyer's market based on recent absorption. The trend in 78605 shows prices have fallen 40.9% in the past 6 months. 460 Oaks RD, Bertram TX 78605 nearby adjusts to $215,709; 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