264 El Camino River RD, Bastrop TX 78602

The market data from 7 similar recent sales in 78602 points to a value of approximately $375,234. To sell within a reasonable timeframe at fair market value, the $321,000 to $331,000 range is where I'd position this. Against 7 similar active listings in 78602, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1991 construction puts this home 22 years older than the comp average, a factor in the pricing. At 9.00 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78602; a buyer's market based on recent absorption. In 78602, home values have risen approximately 2.5% over the past 6 months. One of the strongest data points is 271 Akaloa DR, Bastrop TX 78602, adjusting to $372,137; a strong comparable. 7 comparable transactions in 78602 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group