5233 S Fm 1174, Bertram TX 78605

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $378,567. To generate strong buyer interest while maximizing value, I'd price this between $269,000 and $279,000. With 2 comparable homes on the market in 78605, this price positions the property as the most expensive of 2 comparable homes on the market. Being 139 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1973 construction puts this home 43 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in 78605; a buyer's market based on recent absorption. The trend in 78605 shows prices have fallen 14.1% in the past 6 months. 201 Campo Colinas DR, Bertram TX 78605 nearby adjusts to $465,173; a strong comparable. 7 comparable transactions in 78605 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