198 B J Mayes, Bastrop TX 78602

My analysis of 7 comparable properties puts this home's estimated value at $282,166. Based on how the local market is moving, a list price between $280,000 and $291,000 would position this home well. This home's position in the current 78602 market: the most expensive of 2 comparable homes on the market among comparable properties. At 85 years older than typical comps, the 1920 build date influences the valuation. The larger lot (2.33 acres versus the area average of 0.49) contributes to the valuation. 2 similar homes are currently available in 78602, creating a buyer's market for this price range. The 6 month price trend in 78602: risen 0.2%. The best comp here is 1916 Pecan ST, Bastrop TX 78602 at an adjusted value of $260,167, a strong comparable. With 7 comparable sales in 78602, 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