1551 County Road 252, Bertram TX 78605

After reviewing 7 recent transactions in 78605, I estimate this property's value at $310,792. A competitive list price for this home right now would fall in the $222,000 to $232,000 range. Relative to what's currently available in 78605, this home would be the 2nd most expensive of 7 comparable homes on the market. At 14 years older than typical comps, the 1998 build date influences the valuation. The larger lot (2.30 acres versus the area average of 1.76) contributes to the valuation. Current inventory shows 7 comparable homes in 78605; a buyer's market based on recent absorption. Prices in 78605 have fallen 17.7% over the last 6 months. A similar home at 104 Live Oak CIR, Bertram TX 78605 carries an adjusted comparable value of $253,390, providing a strong data point. With 7 comparable sales in 78605, 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