170 Stephen F Austin BLVD, Bastrop TX 78602

The market data from 3 similar recent sales in COLONY points to a value of approximately $742,133. To sell within a reasonable timeframe at fair market value, the $803,000 to $855,000 range is where I'd position this. Among the similar homes currently available in COLONY, this price point stands out as competitive. The 2003 construction puts this home 7 years older than the comp average, a factor in the pricing. At 2.00 acres, the lot is larger than the 1.63 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COLONY; a buyer's market based on recent absorption. In COLONY, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 136 Sam Houston DR, Bastrop TX 78602, adjusting to $672,634; with a larger floor plan. The 3 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