163 Valley View DR, Bastrop TX 78602

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $691,263. Pricing this home between $717,000 and $732,000 would put it in the competitive sweet spot for COLONY. Relative to what's currently available in COLONY, this home would be the 2nd least expensive of 7 comparable homes on the market. The smaller lot (1.04 acres versus the area average of 1.27) contributes to the valuation. Current inventory shows 7 comparable homes in COLONY; a buyer's market based on recent absorption. Market data shows COLONY prices fallen 16.6% over the last half year. The closest comparable sale, 140 Old Windmill LN, Bastrop TX 78602 at an adjusted $666,006, is with a smaller floor plan. With 3 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