460 N Lampasas, Bertram TX 78605

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $235,433. To generate strong buyer interest while maximizing value, I'd price this between $196,000 and $206,000. Against 7 similar active listings in ORIGINAL BERTRAM, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1930 construction puts this home 66 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ORIGINAL BERTRAM; a buyer's market based on recent absorption. The trend in 78605 shows prices have fallen 17.7% in the past 6 months. 251 Western Ave, Bertram TX 78605 nearby adjusts to $239,892; a strong comparable. 7 comparable transactions in ORIGINAL BERTRAM 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