218 W Fm 243, Bertram TX 78605

After reviewing 6 recent transactions in NEW, I estimate this property's value at $268,544. A competitive list price for this home right now would fall in the $191,000 to $201,000 range. This would position the home competitively among 7 active listings in NEW. The smaller floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.28 acres versus the area average of 0.21) contributes to the valuation. Buyers in NEW have 7 comparable options right now, with asking prices between $189,900 and $800,000. Prices in 78605 have fallen 10.1% over the last 6 months. A similar home at 226 Western Ave, Bertram TX 78605 carries an adjusted comparable value of $301,329, providing a strong data point. With 6 comparable sales in NEW, 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