1305 Water ST, Bastrop TX 78602

Based on 7 closed sales in FARM, the data points to a value around $186,659 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $194,000 to $212,000. Buyers shopping in FARM right now would see this as a well positioned option among 2 comparable homes. Being built in 1944 (26 years older than comps) is factored into the value estimate. Lot size matters here: 0.27 acres versus 0.19 for the typical comp. Buyers in FARM have 2 comparable options right now, with asking prices between $250,000 and $699,000. Market data shows 78602 prices risen 0.2% over the last half year. The closest comparable sale, 1709 Carter ST, Bastrop TX 78602 at an adjusted $176,804, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FARM. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group