Reviewing the most recent comparable transactions, this home's market value falls around $459,008. For a well positioned listing in RIVER MEADOWS, I'd target the $504,000 to $951,000 range. Among the similar homes currently available in RIVER MEADOWS, this price point stands out as competitive. The larger floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.01 acres, the lot is larger than the 0.89 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in RIVER MEADOWS; a buyer's market based on recent absorption. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 127 Eleanor LN, Bastrop TX 78602, with an adjusted value of $451,409; with a smaller floor plan. 4 comparable transactions in RIVER MEADOWS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group