116 Colony CT, Bastrop TX 78602

My analysis of 7 comparable properties puts this home's estimated value at $403,811. Based on how the local market is moving, a list price between $432,000 and $546,000 would position this home well. This home's position in the current COLONY market: the most affordable of 3 comparable homes on the market among comparable properties. At 25 years older than typical comps, the 2000 build date influences the valuation. The larger lot (1.42 acres versus the area average of 0.16) contributes to the valuation. Right now, 3 similar properties are competing for buyers in COLONY, listed between $545,000 and $645,000. The 6 month price trend in COLONY: fallen 16.6%. The best comp here is 151 Coleto TRL, Bastrop TX 78602 at an adjusted value of $385,082, a strong comparable. With 7 comparable sales in COLONY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group