420 Hopewell RD, Bertram TX 78605

The market data from 7 similar recent sales in NEW points to a value of approximately $214,007. To sell within a reasonable timeframe at fair market value, the $236,000 to $246,000 range is where I'd position this. With 7 comparable homes on the market in NEW, this price positions the property as the most affordable of 7 comparable homes on the market. The 1920 construction puts this home 95 years older than the comp average, a factor in the pricing. At 0.44 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in NEW, ranging from $219,999 to $309,000. In 78605, home values have risen approximately 10.2% over the past 6 months. One of the strongest data points is 105 Bertram Oaks DR, Bertram TX 78605, adjusting to $224,580; 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