504 County Road 304, Bertram TX 78605

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $391,350. To generate strong buyer interest while maximizing value, I'd price this between $222,000 and $232,000. With 4 comparable homes on the market in 78605, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1999 construction puts this home 25 years older than the comp average, a factor in the pricing. At 5.50 acres, the lot is larger than the 1.11 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78605; a buyer's market based on recent absorption. The trend in 78605 shows prices have fallen 1% in the past 6 months. 101 Heritage Groves RD, Bertram TX 78605 nearby adjusts to $305,727; 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