134 MUSKET, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $693,365. For a well positioned listing in COLONY, I'd target the $714,000 to $780,000 range. With 4 comparable homes on the market in COLONY, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 2003 construction puts this home 13 years older than the comp average, a factor in the pricing. At 1.50 acres, the lot is larger than the 1.40 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COLONY; a buyer's market based on recent absorption. Recent trends in COLONY show home values have fallen 16.6% since 6 months ago. The most comparable recent sale is 121 Wagon Gap CT, Bastrop TX 78602, with an adjusted value of $710,151; with a larger floor plan. The 3 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