118 Lake DR, Bastrop TX 78602

The market data from 7 similar recent sales in LAKE BASTROP ESTATES PLACE points to a value of approximately $265,179. To sell within a reasonable timeframe at fair market value, the $210,000 to $220,000 range is where I'd position this. Against 7 similar active listings in LAKE BASTROP ESTATES PLACE, this price point lands at the most expensive of 7 comparable homes on the market. The 2024 construction puts this home 25 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is smaller than the 0.76 acre comp average, which factors into pricing. Buyers in LAKE BASTROP ESTATES PLACE have 7 comparable options right now, with asking prices between $205,000 and $429,000. In 78602, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 109 Creekside DR, Bastrop TX 78602, adjusting to $295,534; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group