212 Wagon WAY, Bastrop TX 78602

The market data from 7 similar recent sales in COLONY points to a value of approximately $950,785. To sell within a reasonable timeframe at fair market value, the $1,080,000 to $1,261,000 range is where I'd position this. With 2 comparable homes on the market in COLONY, this price positions the property as the most affordable of 2 comparable homes on the market. Being 1,480 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in COLONY includes 2 comparable homes priced from $1,250,000 to $1,680,000. In COLONY, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 105 Old Settlers DR, Bastrop TX 78602, adjusting to $1,261,206; with a smaller 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