1301 Oaks RD, Bertram TX 78605

Reviewing the most recent comparable transactions, this home's market value falls around $291,046. For a well positioned listing in 78605, I'd target the $220,000 to $230,000 range. Against 7 similar active listings in 78605, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1997 construction puts this home 18 years older than the comp average, a factor in the pricing. At 6.90 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. The active market in 78605 includes 7 comparable homes priced from $229,990 to $320,000. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 104 Live Oak CIR, Bertram TX 78605, with an adjusted value of $263,530; a strong comparable. 7 comparable transactions in 78605 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