316 Highway 304, Bastrop TX 78602

Reviewing the most recent comparable transactions, this home's market value falls around $306,771. For a well positioned listing in ROUSSEAU, MOZEA, I'd target the $258,000 to $268,000 range. With 6 comparable homes on the market in ROUSSEAU, MOZEA, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The 1980 construction puts this home 26 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.44 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in ROUSSEAU, MOZEA; a buyer's market based on recent absorption. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 148 Puu Waa Waa LN, Bastrop TX 78602, with an adjusted value of $374,726; 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