109 Mills XING, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $526,381. For a well positioned listing in COLONY, I'd target the $585,000 to $586,000 range. Against 6 similar active listings in COLONY, this price point lands at the most affordable of 6 comparable homes on the market. The 2012 construction puts this home 11 years older than the comp average, a factor in the pricing. At 1.02 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. 6 similar homes are currently available in COLONY, creating a buyer's market for this price range. Recent trends in COLONY show home values have fallen 16.6% since 6 months ago. The most comparable recent sale is 110 Palo Pinto BND, Bastrop TX 78602, with an adjusted value of $525,023; a strong comparable. 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