161 Pioneer PSGE, Bastrop TX 78602

After reviewing 7 recent transactions in COLONY, I estimate this property's value at $565,656. A competitive list price for this home right now would fall in the $670,000 to $680,000 range. Relative to what's currently available in COLONY, this home would be the most affordable of 7 comparable homes on the market. At 14 years older than typical comps, the 2006 build date influences the valuation. The larger lot (1.02 acres versus the area average of 0.66) contributes to the valuation. Buyers in COLONY have 7 comparable options right now, with asking prices between $649,000 and $850,000. Prices in COLONY have fallen 16.6% over the last 6 months. A similar home at 140 Old Windmill LN, Bastrop TX 78602 carries an adjusted comparable value of $621,691, providing a strong data point. With 7 comparable sales in COLONY, 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