1306 Farm ST, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $387,668. For a well positioned listing in FARM LT, I'd target the $438,000 to $447,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in FARM LT. This home's larger footprint (207 sqft vs the comp average) plays a role in how the market prices it. The 1942 construction puts this home 70 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in FARM LT, creating a buyer's market for this price range. Recent trends in 78602 show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 408 N Lori CIR, Bastrop TX 78602, with an adjusted value of $346,072; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group