102 Mills XING, Bastrop TX 78602

The market data from 4 similar recent sales in COLONY points to a value of approximately $673,497. To sell within a reasonable timeframe at fair market value, the $653,000 to $694,000 range is where I'd position this. With 4 comparable homes on the market in COLONY, this price positions the property as the most affordable of 4 comparable homes on the market. The smaller floor plan (244 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. Current inventory shows 4 comparable homes in COLONY; a buyer's market based on recent absorption. In COLONY, home values have fallen approximately 14% over the past 6 months. One of the strongest data points is 140 Winchester RD, Bastrop TX 78602, adjusting to $544,978; with a smaller floor plan and no pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group