240 Bedell ST, Bertram TX 78605

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $230,592. I'd recommend coming to market at $172,000 to $182,000 to strike the right balance between value and market velocity. Against 5 similar active listings in NEW, this price point lands at the 3rd most expensive of 5 comparable homes on the market. Being 314 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.26 acre lot (smaller than the 0.42 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in NEW, ranging from $189,900 to $800,000. The trend in 78605 shows prices have fallen 18.3% in the past 6 months. 415 Brooks Mill RD, Bertram TX 78605 nearby adjusts to $221,372; a strong comparable. Based on 7 relevant data points in NEW, 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