291 Lower Red Rock RD, Bastrop TX 78602

The estimated value of this property is $256,575, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $156,000 and $166,000. Against 1 similar active listings in CEDAR CREEK BEND PH ONE, this price point lands at below the only comparable home currently on the market. At 785 sqft smaller than the typical comp, the size difference factors into the valuation. The 2.00 acre lot (larger than the 0.17 acre average) is reflected in the estimate. 1 similar homes are currently available in CEDAR CREEK BEND PH ONE, creating a buyer's market for this price range. Recent trends in 78602 show home values have risen 3.6% since 6 months ago. The most comparable recent sale is 745 Caylor CV, Bastrop TX 78602, with an adjusted value of $256,785; with a larger floor plan. Based on 7 relevant data points in CEDAR CREEK BEND PH ONE, 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