155 Valley View DR, Bastrop TX 78602

The market data from 4 similar recent sales in COLONY points to a value of approximately $746,388. To sell within a reasonable timeframe at fair market value, the $781,000 to $795,000 range is where I'd position this. Against 6 similar active listings in COLONY, this price point lands at the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (131 sqft vs the comp average) plays a role in how the market prices it. The 2008 construction puts this home 7 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. In COLONY, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 106 Packsaddle DR, Bastrop TX 78602, adjusting to $751,642; a strong comparable. 4 comparable transactions in COLONY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group