Reviewing the most recent comparable transactions, this home's market value falls around $317,626. For a well positioned listing in LAKE BASTROP ACRES, I'd target the $162,000 to $172,000 range. With 7 comparable homes on the market in LAKE BASTROP ACRES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in LAKE BASTROP ACRES (a buyer's market), competition is a factor to consider. Recent trends in LAKE BASTROP ACRES show home values have risen 5.4% since 6 months ago. The most comparable recent sale is 145 Moon Mist DR, Bastrop TX 78602, with an adjusted value of $303,307; with a larger floor plan. The 5 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