206 Margies WAY, Bastrop TX 78602

After reviewing 4 recent transactions in 78602, I estimate this property's value at $413,612. A competitive list price for this home right now would fall in the $320,000 to $330,000 range. Buyers shopping in 78602 right now would see this as a well positioned option among 7 comparable homes. The larger lot (1.08 acres versus the area average of 0.80) contributes to the valuation. With 7 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. Prices in 78602 have risen 0.2% over the last 6 months. A similar home at 127 Eleanor LN, Bastrop TX 78602 carries an adjusted comparable value of $401,400, providing a strong data point. With 4 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