272 Smith RD, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $310,035. For a well positioned listing in 78602, I'd target the $232,000 to $242,000 range. With 2 comparable homes on the market in 78602, this price positions the property as the most expensive of 2 comparable homes on the market. This home's smaller footprint (277 sqft vs the comp average) plays a role in how the market prices it. At 1.80 acres, the lot is larger than the 0.71 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. Recent trends in 78602 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 250 E Keanahalululu LN, Bastrop TX 78602, with an adjusted value of $283,267; a strong comparable. 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