162 William Hersee DR, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $368,382. For a well positioned listing in COLONY, I'd target the $357,000 to $379,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in COLONY. The larger floor plan (313 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in COLONY, ranging from $319,000 to $519,900. Recent trends in COLONY show home values have fallen 16.6% since 6 months ago. The most comparable recent sale is 170 Loysoya ST, Bastrop TX 78602, with an adjusted value of $417,307; with a smaller floor plan. 5 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