100 Coleto TRL, Bastrop TX 78602

The market data from 3 similar recent sales in COLONY MUD points to a value of approximately $198,342. To sell within a reasonable timeframe at fair market value, the $194,000 to $202,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in COLONY MUD. At 0.27 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. 5 similar homes are currently available in COLONY MUD, creating a buyer's market for this price range. In COLONY MUD, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 101 Kent ST, Bastrop TX 78602, adjusting to $666,804; with a larger floor plan. 3 comparable transactions in COLONY MUD 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