1361 S Fm 1174, Bertram TX 78605

The market data from 7 similar recent sales in LEMUEL BLAKEY points to a value of approximately $315,751. To sell within a reasonable timeframe at fair market value, the $259,000 to $269,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in LEMUEL BLAKEY. The 1978 construction puts this home 45 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LEMUEL BLAKEY; a buyer's market based on recent absorption. In 78605, home values have fallen approximately 40.9% over the past 6 months. One of the strongest data points is 304 Campo Colinas DR, Bertram TX 78605, adjusting to $552,562; a strong comparable. 7 comparable transactions in LEMUEL BLAKEY 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