116 Spanish TRL, Bastrop TX 78602

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $719,384. Pricing this home between $792,000 and $953,000 would put it in the competitive sweet spot for 78602. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in 78602's current inventory. At 14 years older than typical comps, the 2006 build date influences the valuation. The smaller lot (1.39 acres versus the area average of 1.46) contributes to the valuation. Current inventory shows 4 comparable homes in 78602; a buyer's market based on recent absorption. Market data shows 78602 prices risen 0.2% over the last half year. The closest comparable sale, 127 Red Tail Hawk LN, Cedar Creek TX 78612 at an adjusted $753,265, is with a smaller floor plan. The comp data here (7 sales in 78602) 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