The estimated value of this property is $341,131, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $204,000 and $214,000. Among the similar homes currently available in 78602, this price point stands out as competitive. Being 156 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2004, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78602, ranging from $189,040 to $469,000. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 118 Kaneohe DR, Bastrop TX 78602, with an adjusted value of $322,612; a strong comparable. With 3 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