121 Mountain Laurel WAY, Bastrop TX 78602

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $478,514. I'd recommend coming to market at $400,000 to $410,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in 78602. This home's larger footprint (298 sqft vs the comp average) plays a role in how the market prices it. Built in 2003, this home is 9 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in 78602; a buyer's market based on recent absorption. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 127 Fairway CT, Bastrop TX 78602 nearby adjusts to $406,055; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group