120 Lake Point WAY, Bastrop TX 78602

The market data from 7 similar recent sales in CIRCLE points to a value of approximately $305,690. To sell within a reasonable timeframe at fair market value, the $143,000 to $153,000 range is where I'd position this. With 6 comparable homes on the market in CIRCLE, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. Being 108 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in CIRCLE; a balanced market based on recent absorption. In CIRCLE, home values have risen approximately 1.2% over the past 6 months. One of the strongest data points is 134 HIGH TIMBERS RD, Bastrop TX 78602, adjusting to $280,925; a strong comparable. 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