130 Lightfoot TRL, Bastrop TX 78602

The market data from 7 similar recent sales in COLONY MUD points to a value of approximately $630,044. To sell within a reasonable timeframe at fair market value, the $519,000 to $529,000 range is where I'd position this. With 5 comparable homes on the market in COLONY MUD, this price positions the property as the most expensive of 5 comparable homes on the market. At 0.82 acres, the lot is larger than the 0.39 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in COLONY MUD; a buyer's market based on recent absorption. In COLONY MUD, home values have fallen approximately 20.2% over the past 6 months. One of the strongest data points is 173 Abamillo DR, Bastrop TX 78602, adjusting to $740,483; a strong comparable. 7 comparable transactions in COLONY MUD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group