118 PHEASANT, Bastrop TX 78602

After reviewing 4 recent transactions in 78602, I estimate this property's value at $254,981. A competitive list price for this home right now would fall in the $310,000 to $336,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78602's current inventory. The smaller floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. Prices in 78602 have risen 0.2% over the last 6 months. A similar home at 100 Javelina TRL, Bastrop TX 78602 carries an adjusted comparable value of $266,722, providing a strong data point. With 4 comparable sales in 78602, 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