106 Packsaddle DR, Bastrop TX 78602

Based on 3 closed sales in COLONY, the data points to a value around $716,394 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $736,000 to $746,000. This would position the home competitively among 3 active listings in COLONY. Being built in 2018 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 1.62 acres versus 1.44 for the typical comp. There are currently 3 similar homes on the market in COLONY, ranging from $699,000 to $999,999. Market data shows COLONY prices fallen 6.6% over the last half year. The closest comparable sale, 132 Wagon WAY, Bastrop TX 78602 at an adjusted $678,373, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in COLONY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group