127 King ST, Bastrop TX 78602

After reviewing 5 recent transactions in LAKE BASTROP ACRES, I estimate this property's value at $307,539. A competitive list price for this home right now would fall in the $216,000 to $226,000 range. This home's position in the current LAKE BASTROP ACRES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 127 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.82 acres versus the area average of 0.69) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LAKE BASTROP ACRES, listed between $200,000 and $435,999. Prices in LAKE BASTROP ACRES have risen 5.4% over the last 6 months. A similar home at 120 Meadowood DR, Bastrop TX 78602 carries an adjusted comparable value of $360,866, providing a strong data point. With 5 comparable sales in LAKE BASTROP ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group