40 Stewart ST, Bertram TX 78605

Reviewing the most recent comparable transactions, this home's market value falls around $259,864. For a well positioned listing in 78605, I'd target the $218,000 to $228,000 range. With 7 comparable homes on the market in 78605, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 170 sqft larger than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 28 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78605 (a buyer's market), competition is a factor to consider. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 460 Oaks RD, Bertram TX 78605, with an adjusted value of $220,764; 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