127 Esparza DR, Bastrop TX 78602

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $363,539. Pricing this home between $455,000 and $457,000 would put it in the competitive sweet spot for COLONY. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in COLONY's current inventory. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. Market data shows COLONY prices risen 19.6% over the last half year. The closest comparable sale, 120 Periwinkle LN, Bastrop TX 78602 at an adjusted $342,742, is a strong comparable. 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