2675 W Fm 243, Bertram TX 78605

Reviewing the most recent comparable transactions, this home's market value falls around $371,617. For a well positioned listing in 78605, I'd target the $267,000 to $277,000 range. Against 7 similar active listings in 78605, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1998 construction puts this home 21 years older than the comp average, a factor in the pricing. At 11.91 acres, the lot is larger than the 2.64 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78605, listed between $296,999 and $690,000. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 10927 County Road 272, Bertram TX 78605, with an adjusted value of $628,372; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group