Ed's Opinion of Value

$120,000 Ed's Estimate: $262,840 $374,900
Lowest Comp Recommended List: $258,000 to $268,000 Highest Comp
Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $262,840. I'd recommend coming to market at $258,000 to $268,000 to strike the right balance between value and market velocity. In the current LAKE BASTROP ACRES market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 0.50 acre lot (larger than the 0.38 acre average) is reflected in the estimate. The active market in LAKE BASTROP ACRES includes 4 comparable homes priced from $120,000 to $374,900. The trend in LAKE BASTROP ACRES shows prices have fallen 17.5% in the past 6 months. 263 Indian Oak DR, Bastrop TX 78602 nearby adjusts to $302,042; a strong comparable. Based on 4 relevant data points in LAKE BASTROP ACRES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
2 Baths
1,650 Sq Ft
0.5 Acres

Location

Property Details

Property Type Residential
County Bastrop
MLS # 5516490

Listing History

MLS# 5516490 167 days
May 18, 2010 Off Market
Nov 13, 2009 Listed $174,900

Frequently Asked Questions About 116 Parkhill, Bastrop TX 78602

How much does 116 Parkhill, Bastrop TX 78602 cost?

116 Parkhill, Bastrop TX 78602 sold on May 18, 2010. Contact us for sale price details.

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