109 McCoy CIR, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $510,446. For a well positioned listing in COLONY MUD, I'd target the $513,000 to $556,000 range. With 4 comparable homes on the market in COLONY MUD, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 127 sqft larger than the typical comp, the size difference factors into the valuation. At 0.70 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COLONY MUD; a buyer's market based on recent absorption. Recent trends in COLONY MUD show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 137 Periwinkle LN, Bastrop TX 78602, with an adjusted value of $378,131; with a smaller floor plan. The 7 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