1509 Hill ST, Bastrop TX 78602

After reviewing 7 recent transactions in BASTROP CITY, I estimate this property's value at $402,331. A competitive list price for this home right now would fall in the $329,000 to $339,000 range. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in BASTROP CITY's current inventory. At 14 years older than typical comps, the 1964 build date influences the valuation. The smaller lot (0.39 acres versus the area average of 1.49) contributes to the valuation. Right now, 6 similar properties are competing for buyers in BASTROP CITY, listed between $299,000 and $549,000. Prices in 78602 have fallen 2.2% over the last 6 months. A similar home at 106 Jones ST, Bastrop TX 78602 carries an adjusted comparable value of $423,475, providing a strong data point. With 7 comparable sales in BASTROP CITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group