163 Longhorn DR, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $380,015. For a well positioned listing in 78602, I'd target the $308,000 to $318,000 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 78602. The 270 sqft size difference versus comparable sales is reflected in the adjusted values. The 2001 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78602; a buyer's market based on recent absorption. Recent trends in 78602 show home values have risen 4.1% since 6 months ago. The most comparable recent sale is 171 Mustang DR, Paige TX 78659, with an adjusted value of $290,282; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group