135 Old Settlers DR, Bastrop TX 78602

The estimated value of this property is $695,837, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $720,000 and $737,000. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in COLONY. This home's smaller footprint (271 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 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 106 Packsaddle DR, Bastrop TX 78602, with an adjusted value of $719,851; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group