165 LBA DR, Bastrop TX 78602

The estimated value of this property is $227,132, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $181,000 and $191,000. Against 7 similar active listings in LAKE BASTROP ACRES, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (117 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.58 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LAKE BASTROP ACRES; a buyer's market based on recent absorption. Recent trends in LAKE BASTROP ACRES show home values have risen 5.4% since 6 months ago. The most comparable recent sale is 290 Flint Ridge ST, Bastrop TX 78602, with an adjusted value of $230,142; with a smaller floor plan. Based on 5 relevant data points in LAKE BASTROP ACRES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX