122 Musket DR, Bastrop TX 78602

After reviewing 7 recent transactions in COLONY, I estimate this property's value at $859,278. A competitive list price for this home right now would fall in the $732,000 to $742,000 range. Buyers shopping in COLONY right now would see this as a well positioned option among 7 comparable homes. At 9 years older than typical comps, the 2005 build date influences the valuation. The smaller lot (1.45 acres versus the area average of 1.52) contributes to the valuation. Right now, 7 similar properties are competing for buyers in COLONY, listed between $625,000 and $1,250,000. Prices in COLONY have fallen 16.6% over the last 6 months. A similar home at 121 Wagon Gap CT, Bastrop TX 78602 carries an adjusted comparable value of $841,466, providing a strong data point. The comp data here (7 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