124 Firethorn LOOP, Bastrop TX 78602

The market data from 3 similar recent sales in COLONY MUD points to a value of approximately $689,985. To sell within a reasonable timeframe at fair market value, the $603,000 to $613,000 range is where I'd position this. With 5 comparable homes on the market in COLONY MUD, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 184 sqft larger than the typical comp, the size difference factors into the valuation. At 0.28 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. 5 similar homes are currently available in COLONY MUD, creating a buyer's market for this price range. In COLONY MUD, home values have fallen approximately 9.8% over the past 6 months. One of the strongest data points is 136 Firethorn LOOP, Bastrop TX 78602, adjusting to $659,806; a strong comparable. The 3 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