121 Claiborne Wright WAY, Bastrop TX 78602

After reviewing 6 recent transactions in COLONY, I estimate this property's value at $434,970. A competitive list price for this home right now would fall in the $508,000 to $514,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in COLONY's current inventory. The larger lot (0.28 acres versus the area average of 0.24) contributes to the valuation. Right now, 7 similar properties are competing for buyers in COLONY, listed between $380,000 and $542,900. Prices in COLONY have fallen 19.4% over the last 6 months. A similar home at 141 Big Pine Creek LN, Bastrop TX 78602 carries an adjusted comparable value of $480,643, providing a strong data point. The comp data here (6 sales in COLONY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus