1301 Fayette, Bastrop TX 78602

After reviewing 7 recent transactions in FARM LT, I estimate this property's value at $441,280. A competitive list price for this home right now would fall in the $859,000 to $1,000,000 range. Relative to what's currently available in FARM LT, this home would be the most affordable of 3 comparable homes on the market. This home's larger footprint (2,716 sqft vs the comp average) plays a role in how the market prices it. At 13 years older than typical comps, the 1977 build date influences the valuation. With 3 similar homes currently listed in FARM LT (a buyer's market), competition is a factor to consider. Prices in FARM LT have risen 32.8% over the last 6 months. A similar home at 604 Wilhelm ST, Bastrop TX 78602 carries an adjusted comparable value of $461,615, providing a strong data point. With 7 comparable sales in FARM LT, 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