1502 Fayette ST, Bastrop TX 78602

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $244,498. I'd recommend coming to market at $260,000 to $268,000 to strike the right balance between value and market velocity. Against 2 similar active listings in 78602, this price point lands at the most affordable of 2 comparable homes on the market. Built in 1900, this home is 102 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (smaller than the 0.29 acre average) is reflected in the estimate. The active market in 78602 includes 2 comparable homes priced from $250,000 to $329,000. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 604 Wilhelm ST, Bastrop TX 78602 nearby adjusts to $316,316; with a larger floor plan. Based on 7 relevant data points in 78602, 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