164 Wagon WAY, Bastrop TX 78602

The market data from 7 similar recent sales in COLONY SEC FOUR points to a value of approximately $713,481. To sell within a reasonable timeframe at fair market value, the $788,000 to $943,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in COLONY SEC FOUR. The 2004 construction puts this home 9 years older than the comp average, a factor in the pricing. At 1.65 acres, the lot is smaller than the 1.74 acre comp average, which factors into pricing. The active market in COLONY SEC FOUR includes 4 comparable homes priced from $625,000 to $1,250,000. In 78602, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 130 Sabine DR, Cedar Creek TX 78612, adjusting to $686,782; with a larger floor plan. 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