335 Hopewell RD, Bertram TX 78605

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $229,005. I'd recommend coming to market at $191,000 to $201,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in NEW, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 1940, this home is 34 years older than the average comp, which is reflected in the adjustments. The 0.29 acre lot (smaller than the 0.42 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in NEW; a buyer's market based on recent absorption. The trend in NEW shows prices have fallen 28.9% in the past 6 months. 515 N Lampasas ST, Bertram TX 78605 nearby adjusts to $184,056; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group