119 Long Bow CV, Bastrop TX 78602

Based on 7 closed sales in COLONY, the data points to a value around $544,838 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $646,000 to $649,000. Relative to what's currently available in COLONY, this home would be the most affordable of 4 comparable homes on the market. A pool adds market appeal. Only 7 minus 7 of the comps had one. Being built in 2013 (12 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in COLONY, listed between $645,000 and $695,000. Market data shows COLONY prices fallen 16.6% over the last half year. The closest comparable sale, 102 Kent ST, Bastrop TX 78602 at an adjusted $504,896, is with no pool. The strength of this estimate comes from 7 directly comparable sales in COLONY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group