1705 Main ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM LT points to a value of approximately $341,039. To sell within a reasonable timeframe at fair market value, the $404,000 to $405,000 range is where I'd position this. In the current FARM LT market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1961 construction puts this home 60 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FARM LT; a buyer's market based on recent absorption. In FARM LT, home values have risen approximately 32.8% over the past 6 months. One of the strongest data points is 133 Kawainui LN, Bastrop TX 78602, adjusting to $335,631; 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