121 Kipapa CT, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $296,233. For a well positioned listing in TAHITIAN, I'd target the $312,000 to $313,000 range. With 3 comparable homes on the market in TAHITIAN, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (229 sqft vs the comp average) plays a role in how the market prices it. At 0.32 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in TAHITIAN; a buyer's market based on recent absorption. Recent trends in TAHITIAN show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 104 Paia LN, Bastrop TX 78602, with an adjusted value of $268,456; with a larger floor plan. The 4 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