618 FM 243, Bertram TX 78605

Based on 7 closed sales in 78605, the data points to a value around $270,457 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $225,000 to $235,000. This home's position in the current 78605 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1945 (61 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78605 (a buyer's market), competition is a factor to consider. Market data shows 78605 prices fallen 17.7% over the last half year. The closest comparable sale, 681 W South ST, Bertram TX 78605 at an adjusted $245,225, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78605. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group