179 Alele DR, Bastrop TX 78602

After reviewing 7 recent transactions in TAHITIAN, I estimate this property's value at $364,513. A competitive list price for this home right now would fall in the $287,000 to $297,000 range. Buyers shopping in TAHITIAN right now would see this as a well positioned option among 7 comparable homes. At 10 years older than typical comps, the 1993 build date influences the valuation. The larger lot (1.01 acres versus the area average of 0.48) contributes to the valuation. Current inventory shows 7 comparable homes in TAHITIAN; a buyer's market based on recent absorption. Prices in TAHITIAN have fallen 2.8% over the last 6 months. A similar home at 438 Tahitian DR, Bastrop TX 78602 carries an adjusted comparable value of $377,326, providing a strong data point. With 7 comparable sales in TAHITIAN, 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