251 Foothill RD, Bastrop TX 78602

This home was listed at $315,000 and was on the market for 17 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $255,858. Here are some factors that may have played a role: At $266/sqft, the asking price appears to have been significantly above the neighborhood average of $194/sqft. That gap that can deter buyer interest. At $266/sqft, the asking price was 38% above the area median, though there may have been upgrades or features not captured in the data. Built in 1945, this home may have faced competition from newer construction in the area priced similarly. Built in 1945, this home is 48 years older than the average comp, which is reflected in the adjustments. The 0.61 acre lot (smaller than the 1.16 acre average) is reflected in the estimate. Based on 7 relevant data points in 78602, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX