1807 Water ST, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $382,867. For a well positioned listing in FARM LT, I'd target the $290,000 to $300,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in FARM LT. At 141 sqft larger than the typical comp, the size difference factors into the valuation. The 1964 construction puts this home 40 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in FARM LT, creating a buyer's market for this price range. Recent trends in FARM LT show home values have risen 32.8% since 6 months ago. The most comparable recent sale is 106 Jones ST, Bastrop TX 78602, with an adjusted value of $415,827; with a larger 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