318 Plum, Bastrop TX 78602

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $374,835. To generate strong buyer interest while maximizing value, I'd price this between $364,000 and $370,000. With 2 comparable homes on the market in 78602, this price positions the property as the most expensive of 2 comparable homes on the market. The 244 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.27 acres, the lot is larger than the 1.08 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. The trend in 78602 shows prices have fallen 0.7% in the past 6 months. 124 Suzanne DR, Bastrop TX 78602 nearby adjusts to $290,910; with a smaller floor plan. 7 comparable transactions in 78602 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group