207 Wagon WAY, Bastrop TX 78602

Based on 7 closed sales in COLONY, the data points to a value around $917,872 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,068,000 to $1,157,000. Relative to what's currently available in COLONY, this home would be the most affordable of 3 comparable homes on the market. This home's smaller footprint (197 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (5 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in COLONY; a buyer's market based on recent absorption. Market data shows COLONY prices fallen 16.6% over the last half year. The closest comparable sale, 136 Sam Houston DR, Bastrop TX 78602 at an adjusted $729,181, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in COLONY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group