1601 County Road 214, Bertram TX 78605

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $504,357. I'd recommend coming to market at $489,000 to $519,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78605, this price positions the property as below the only comparable home currently on the market. At 696 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 11 years older than the average comp, which is reflected in the adjustments. There are currently 1 similar homes on the market in 78605, ranging from $425,000 to $425,000. The trend in 78605 shows prices have fallen 30.7% in the past 6 months. 9226 County Road 272, Bertram TX 78605 nearby adjusts to $421,960; with a smaller floor plan. 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