295 Herrin LN, Bertram TX 78605

The market data from 7 similar recent sales in ABS points to a value of approximately $992,661. To sell within a reasonable timeframe at fair market value, the $1,100,000 to $1,261,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in ABS. At 325 sqft larger than the typical comp, the size difference factors into the valuation. At 15.18 acres, the lot is larger than the 10.91 acre comp average, which factors into pricing. In 78605, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 324 First Down Dash, Burnet TX 78611, adjusting to $758,939; 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