103 Millsaps CT, Bastrop TX 78602

The estimated value of this property is $648,023, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $540,000 and $550,000. Against 4 similar active listings in COLONY, this price point lands at the most expensive of 4 comparable homes on the market. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.43 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in COLONY; a buyer's market based on recent absorption. Recent trends in COLONY show home values have fallen 16.6% since 6 months ago. The most comparable recent sale is 283 Coleto TRL, Bastrop TX 78602, with an adjusted value of $606,915; a strong comparable. Based on 3 relevant data points in COLONY, 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