455 N Lampasas ST, Bertram TX 78605

After reviewing 7 recent transactions in ORIGINAL BERTRAM, I estimate this property's value at $246,829. A competitive list price for this home right now would fall in the $180,000 to $190,000 range. Buyers shopping in ORIGINAL BERTRAM right now would see this as a well positioned option among 4 comparable homes. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. At 16 years newer than typical comps, the 2009 build date influences the valuation. Current inventory shows 4 comparable homes in ORIGINAL BERTRAM; a buyer's market based on recent absorption. Prices in 78605 have fallen 17.7% over the last 6 months. A similar home at 560 Live Oak DR, Bertram TX 78605 carries an adjusted comparable value of $258,916, providing a strong data point. With 7 comparable sales in ORIGINAL BERTRAM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group