1505 Water ST, Bastrop TX 78602

The estimated value of this property is $426,957, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $323,000 and $333,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in FARM. At 171 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1958, this home is 38 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in FARM; a buyer's market based on recent absorption. Recent trends in 78602 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 1809 Wilson ST, Bastrop TX 78602, with an adjusted value of $563,243; a strong comparable. Based on 7 relevant data points in FARM, 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