318 Mesquite ST, Bertram TX 78605

Reviewing the most recent comparable transactions, this home's market value falls around $199,129. For a well positioned listing in NEW, I'd target the $148,000 to $158,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in NEW. The 484 sqft size difference versus comparable sales is reflected in the adjusted values. The 1920 construction puts this home 45 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in NEW, ranging from $160,000 to $300,000. Recent trends in 78605 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 116 E Moeller ST, Bertram TX 78605, with an adjusted value of $172,175; 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