111 Chinaberry BND, Bastrop TX 78602

The market data from 4 similar recent sales in COLONY MUD points to a value of approximately $367,741. To sell within a reasonable timeframe at fair market value, the $312,000 to $322,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in COLONY MUD. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in COLONY MUD (a buyer's market), competition is a factor to consider. In COLONY MUD, home values have fallen approximately 9.8% over the past 6 months. One of the strongest data points is 131 Plumbago LOOP, Bastrop TX 78602, adjusting to $390,958; a strong comparable. 4 comparable transactions in COLONY MUD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group