114 Colony CT, Bastrop TX 78602

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $534,955. Pricing this home between $606,000 and $612,000 would put it in the competitive sweet spot for COLONY. This pricing would rank the home as the most affordable of 5 comparable homes on the market in COLONY's current inventory. At 23 years older than typical comps, the 2001 build date influences the valuation. The larger lot (1.05 acres versus the area average of 0.33) contributes to the valuation. With 5 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. Market data shows COLONY prices fallen 14.2% over the last half year. The closest comparable sale, 140 Old Windmill LN, Bastrop TX 78602 at an adjusted $588,625, is with a larger floor plan. The comp data here (7 sales in COLONY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus