11751 County Road 272, Bertram TX 78605

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $372,943. I'd recommend coming to market at $362,000 to $384,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78605, this price point lands at the most expensive of 7 comparable homes on the market. Built in 2003, this home is 14 years older than the average comp, which is reflected in the adjustments. The 10.01 acre lot (larger than the 2.72 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78605; a buyer's market based on recent absorption. The trend in 78605 shows prices have fallen 17.7% in the past 6 months. 10927 County Road 272, Bertram TX 78605 nearby adjusts to $635,210; a strong comparable. Based on 7 relevant data points in 78605, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX