205 Settlers RDG, Bertram TX 78605

After reviewing 7 recent transactions in 78605, I estimate this property's value at $342,070. A competitive list price for this home right now would fall in the $336,000 to $352,000 range. This pricing would rank the home as no active comparable homes on the market in 78605's current inventory. At 15 years older than typical comps, the 2004 build date influences the valuation. The larger lot (1.81 acres versus the area average of 1.73) contributes to the valuation. Prices in 78605 have fallen 17.7% over the last 6 months. A similar home at 306 Gristmill RD, Burnet TX 78611 carries an adjusted comparable value of $319,507, 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