2785 N Main, Bastrop TX 78602

After reviewing 7 recent transactions in FARM LT, I estimate this property's value at $227,172. A competitive list price for this home right now would fall in the $186,000 to $196,000 range. Relative to what's currently available in FARM LT, this home would be the most expensive of 2 comparable homes on the market. At 10 years newer than typical comps, the 1973 build date influences the valuation. The larger lot (0.78 acres versus the area average of 0.22) contributes to the valuation. 2 similar homes are currently available in FARM LT, creating a buyer's market for this price range. Prices in FARM LT have risen 32.8% over the last 6 months. A similar home at 607 Magnolia ST, Bastrop TX 78602 carries an adjusted comparable value of $232,390, providing a strong data point. With 7 comparable sales in FARM LT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group