140 Kellogg LN, Bastrop TX 78602

The market data from 7 similar recent sales in COLONY points to a value of approximately $396,060. To sell within a reasonable timeframe at fair market value, the $446,000 to $462,000 range is where I'd position this. In the current COLONY market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 2020 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. In COLONY, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 332 Maddy WAY, Bastrop TX 78602, adjusting to $398,245; a strong comparable. 7 comparable transactions in COLONY 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