116 Baker ST, Bastrop TX 78602

The market data from 7 similar recent sales in COLONY points to a value of approximately $586,411. To sell within a reasonable timeframe at fair market value, the $634,000 to $646,000 range is where I'd position this. In the current COLONY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 197 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 7 similar homes are currently available in COLONY, creating a buyer's market for this price range. In COLONY, home values have fallen approximately 19.5% over the past 6 months. One of the strongest data points is 113 Palo Pinto BND, Bastrop TX 78602, adjusting to $563,431; with a smaller floor plan. 7 comparable transactions in COLONY 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