137 Valley View DR, Bastrop TX 78602

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $577,457. I'd recommend coming to market at $640,000 to $651,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in COLONY, this price positions the property as the most affordable of 5 comparable homes on the market. Built in 2008, this home is 14 years older than the average comp, which is reflected in the adjustments. The 1.01 acre lot (larger than the 0.48 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in COLONY; a buyer's market based on recent absorption. The trend in COLONY shows prices have fallen 16.6% in the past 6 months. 110 Palo Pinto BND, Bastrop TX 78602 nearby adjusts to $566,925; a strong comparable. Based on 7 relevant data points in COLONY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX