Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $328,206. To generate strong buyer interest while maximizing value, I'd price this between $265,000 and $275,000. In the current EL CAMINO REAL ESTATES market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 112 sqft smaller than the typical comp, the size difference factors into the valuation. The 1997 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in EL CAMINO REAL ESTATES; a buyer's market based on recent absorption. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 100 Javelina TRL, Bastrop TX 78602 nearby adjusts to $301,740; a strong comparable. The 7 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