124 Draper LN, Bertram TX 78605

After reviewing 7 recent transactions in DRAPER ACRES, I estimate this property's value at $360,352. A competitive list price for this home right now would fall in the $427,000 to $503,000 range. Buyers shopping in DRAPER ACRES right now would see this as a well positioned option among 3 comparable homes. The larger lot (2.01 acres versus the area average of 0.50) contributes to the valuation. Right now, 3 similar properties are competing for buyers in DRAPER ACRES, listed between $375,000 and $579,000. Prices in 78605 have fallen 37% over the last 6 months. A similar home at 107 Draper LN, Bertram TX 78605 carries an adjusted comparable value of $545,680, providing a strong data point. With 7 comparable sales in DRAPER ACRES, 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