101 Gaston DR, Bastrop TX 78602

After reviewing 7 recent transactions in COLONY, I estimate this property's value at $672,593. A competitive list price for this home right now would fall in the $681,000 to $705,000 range. This home's position in the current COLONY market: the most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (398 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.38 acres versus the area average of 0.23) contributes to the valuation. 3 similar homes are currently available in COLONY, creating a buyer's market for this price range. Prices in COLONY have fallen 16.6% over the last 6 months. A similar home at 154 Palo Pinto BND, Bastrop TX 78602 carries an adjusted comparable value of $636,472, providing a strong data point. The comp data here (7 sales in COLONY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus