1706 Dragonfly LOOP, Bastrop TX 78602

After reviewing 7 recent transactions in PINEY CREEK BEND, I estimate this property's value at $401,650. A competitive list price for this home right now would fall in the $436,000 to $444,000 range. Relative to what's currently available in PINEY CREEK BEND, this home would be the most expensive of 3 comparable homes on the market. Being 173 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.16 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 3 comparable homes in PINEY CREEK BEND; a buyer's market based on recent absorption. Prices in 78602 have risen 0.2% over the last 6 months. A similar home at 324 Linden ST, Bastrop TX 78602 carries an adjusted comparable value of $397,322, providing a strong data point. With 7 comparable sales in PINEY CREEK BEND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group