285 Chisholm TRL, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $595,573. For a well positioned listing in COLONY MUD, I'd target the $490,000 to $500,000 range. In the current COLONY MUD market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (200 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.60 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in COLONY MUD, listed between $489,000 and $699,000. Recent trends in COLONY MUD show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 124 Abamillo DR, Bastrop TX 78602, with an adjusted value of $573,907; with a larger floor plan. The 5 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