116 Wagon Gap CT, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $519,804. For a well positioned listing in COLONY, I'd target the $448,000 to $458,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in COLONY. This home's smaller footprint (193 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 16 years older than the comp average, a factor in the pricing. The active market in COLONY includes 7 comparable homes priced from $439,900 to $645,000. Recent trends in COLONY show home values have fallen 16.6% since 6 months ago. The most comparable recent sale is 129 Big Pine Creek LN, Bastrop TX 78602, with an adjusted value of $484,241; a strong comparable. 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