250 Hopewell RD, Bertram TX 78605

Taking into account 7 nearby comparable sales, this property's estimated value comes to $212,375. If we were to list this property today, I'd recommend a list price in the $171,000 to $181,000 range. Buyers shopping in NEW right now would see this as a well positioned option among 2 comparable homes. This home's smaller footprint (491 sqft vs the comp average) plays a role in how the market prices it. Being built in 1907 (60 years older than comps) is factored into the value estimate. Right now, 2 similar properties are competing for buyers in NEW, listed between $170,000 and $300,000. The 6 month price trend in 78605: fallen 29.1%. The best comp here is 440 S East ST, Bertram TX 78605 at an adjusted value of $227,429, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in NEW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group