114 Papawai DR, Bastrop TX 78602

The market data from 3 similar recent sales in TAHITIAN points to a value of approximately $418,152. To sell within a reasonable timeframe at fair market value, the $425,000 to $450,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in TAHITIAN. At 0.50 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in TAHITIAN; a buyer's market based on recent absorption. In TAHITIAN, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 172 Waipahoehoe DR, Bastrop TX 78602, adjusting to $388,028; with a pool. The 3 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