1205 Pecan ST, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $467,159. For a well positioned listing in 78602, I'd target the $719,000 to $720,000 range. With 6 comparable homes on the market in 78602, this price positions the property as the most affordable of 6 comparable homes on the market. At 1,012 sqft larger than the typical comp, the size difference factors into the valuation. The 1870 construction puts this home 150 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in 78602, creating a buyer's market for this price range. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 106 Fallow WAY, Bastrop TX 78602, with an adjusted value of $728,228; with a smaller floor plan and a pool. 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