625 Fallen Oak DR, Bertram TX 78605

The estimated value of this property is $261,499, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $186,000 and $196,000. Against 6 similar active listings in COUNTRYSIDE OAKS, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 138 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.42 acre lot (larger than the 0.32 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in COUNTRYSIDE OAKS; a buyer's market based on recent absorption. Recent trends in 78605 show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 560 Live Oak DR, Bertram TX 78605, with an adjusted value of $270,589; a strong comparable. Based on 3 relevant data points in COUNTRYSIDE OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX