1507 Water ST, Bastrop TX 78602

The estimated value of this property is $440,546, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $288,000 and $298,000. 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 LT. The larger floor plan (299 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1935, this home is 46 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in FARM LT, listed between $310,000 and $585,000. Recent trends in FARM LT show home values have risen 32.8% since 6 months ago. The most comparable recent sale is 1809 Wilson ST, Bastrop TX 78602, with an adjusted value of $553,191; with a smaller floor plan. Based on 7 relevant data points in FARM LT, 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