301 Sam Houston DR, Bastrop TX 78602

Based on 7 closed sales in COLONY, the data points to a value around $504,571 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $351,000 to $361,000. This would position the home competitively among 7 active listings in COLONY. Being built in 2013 (12 years older than comps) is factored into the value estimate. Lot size matters here: 0.60 acres versus 0.20 for the typical comp. With 7 similar homes currently listed in COLONY (a buyer's market), competition is a factor to consider. Market data shows COLONY prices fallen 16.6% over the last half year. The closest comparable sale, 129 Big Pine Creek LN, Bastrop TX 78602 at an adjusted $474,623, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in COLONY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group