340 S Grange ST, Bertram TX 78605

Based on 7 closed sales in A0179, the data points to a value around $232,480 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $157,000 to $167,000. This home's position in the current A0179 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Being built in 1950 (43 years older than comps) is factored into the value estimate. Lot size matters here: 0.17 acres versus 0.34 for the typical comp. Buyers in A0179 have 4 comparable options right now, with asking prices between $155,000 and $982,326. Market data shows 78605 prices fallen 37.2% over the last half year. The closest comparable sale, 415 Brooks Mill RD, Bertram TX 78605 at an adjusted $228,203, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in A0179. 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