123 Gaston DR, Bastrop TX 78602

The market data from 6 similar recent sales in COLONY points to a value of approximately $596,591. To sell within a reasonable timeframe at fair market value, the $627,000 to $653,000 range is where I'd position this. With 7 comparable homes on the market in COLONY, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 134 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in COLONY, ranging from $498,000 to $704,900. In COLONY, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 166 Kellogg LN, Bastrop TX 78602, adjusting to $679,858; a strong comparable. The 6 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