1705 Main ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM LT points to a value of approximately $365,421. To sell within a reasonable timeframe at fair market value, the $358,000 to $373,000 range is where I'd position this. In the current FARM LT market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1961 construction puts this home 55 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is smaller than the 0.52 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 78602, home values have risen approximately 0% over the past 6 months. One of the strongest data points is 28 Lost Pines Ave, Bastrop TX 78602, adjusting to $476,490; with a smaller 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