The comparable sales data (7 recent transactions in 78602) supports an estimated value of $522,937. The data suggests a list price between $507,000 and $539,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78602, this home would be below the only comparable home currently on the market. Being 350 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.77 acres versus 2.11 for the typical comp. Buyers in 78602 have 1 comparable options right now, with asking prices between $599,000 and $599,000. Prices in 78602 have risen 0.2% over the last 6 months. A similar home at 124 Sunny Oaks DR, Bastrop TX 78602 carries an adjusted comparable value of $403,814, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78602. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group