138 Wagon WAY, Bastrop TX 78602

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $740,203. To generate strong buyer interest while maximizing value, I'd price this between $803,000 and $982,000. With 4 comparable homes on the market in COLONY SEC FOUR, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. At 1.69 acres, the lot is smaller than the 1.74 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COLONY SEC FOUR; a buyer's market based on recent absorption. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 130 Sabine DR, Cedar Creek TX 78612 nearby adjusts to $711,825; with a larger floor plan. 7 comparable transactions in COLONY SEC FOUR 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