373 Prairie Point DR, Bertram TX 78605

The market data from 7 similar recent sales in 78605 points to a value of approximately $378,609. To sell within a reasonable timeframe at fair market value, the $345,000 to $373,000 range is where I'd position this. Against 2 similar active listings in 78605, this price point lands at the most expensive of 2 comparable homes on the market. At 3.01 acres, the lot is larger than the 1.20 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78605; a buyer's market based on recent absorption. In 78605, home values have fallen approximately 37% over the past 6 months. One of the strongest data points is 201 Heritage Groves RD, Bertram TX 78605, adjusting to $344,924; a strong comparable. 7 comparable transactions in 78605 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group