1316 Farm ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM LT points to a value of approximately $236,346. To sell within a reasonable timeframe at fair market value, the $278,000 to $296,000 range is where I'd position this. In the current FARM LT market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1870 construction puts this home 121 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in FARM LT, creating a buyer's market for this price range. In FARM LT, home values have risen approximately 32.8% over the past 6 months. One of the strongest data points is 604 Wilhelm ST, Bastrop TX 78602, adjusting to $300,680; with a larger floor plan. 7 comparable transactions in FARM LT 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