126 JOSHUA SMITH LN, Bastrop TX 78603

Reviewing the most recent comparable transactions, this home's market value falls around $568,375. For a well positioned listing in COLONY, I'd target the $557,000 to $580,000 range. With 6 comparable homes on the market in COLONY, this price positions the property as the most affordable of 6 comparable homes on the market. Being 354 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 2.00 acres, the lot is larger than the 1.77 acre comp average, which factors into pricing. With 6 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. Recent trends in COLONY show home values have risen 17.4% since 6 months ago. The most comparable recent sale is 187 Stephen F Austin BLVD, Bastrop TX 78602, with an adjusted value of $494,342; with a larger floor plan and a pool. 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