131 James Rose LN, Bastrop TX 78602

After reviewing 7 recent transactions in COLONY, I estimate this property's value at $341,275. A competitive list price for this home right now would fall in the $331,000 to $352,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in COLONY's current inventory. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 4 comparable homes in COLONY; a buyer's market based on recent absorption. Prices in COLONY have fallen 13.6% over the last 6 months. A similar home at 145 Coleto TRL, Bastrop TX 78602 carries an adjusted comparable value of $319,183, providing a strong data point. The comp data here (7 sales in COLONY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus