172 Eight Oaks DR, Bastrop TX 78602

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $639,491. Pricing this home between $742,000 and $1,000,000 would put it in the competitive sweet spot for COLONY SEC FIVE. This pricing would rank the home as the most affordable of 2 comparable homes on the market in COLONY SEC FIVE's current inventory. The larger floor plan (1,268 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.41 acres versus the area average of 1.25) contributes to the valuation. Current inventory shows 2 comparable homes in COLONY SEC FIVE; a buyer's market based on recent absorption. Market data shows 78602 prices risen 0.2% over the last half year. The closest comparable sale, 448 Stephen F Austin BLVD, Bastrop TX 78602 at an adjusted $1,000,013, is with a smaller floor plan. With 7 comparable sales in COLONY SEC FIVE, 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