120 Valley View DR, Bastrop TX 78602

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $673,393. To generate strong buyer interest while maximizing value, I'd price this between $693,000 and $694,000. In the current COLONY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 221 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COLONY; a buyer's market based on recent absorption. The trend in COLONY shows prices have fallen 16.6% in the past 6 months. 140 Old Windmill LN, Bastrop TX 78602 nearby adjusts to $649,891; a strong comparable. 4 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