404 MAGNOLIA ST, Bastrop TX 78602

My analysis of 3 comparable properties puts this home's estimated value at $223,755. Based on how the local market is moving, a list price between $185,000 and $195,000 would position this home well. Buyers shopping in FARM right now would see this as a well positioned option among 6 comparable homes. The larger lot (0.26 acres versus the area average of 0.18) contributes to the valuation. Right now, 6 similar properties are competing for buyers in FARM, listed between $199,900 and $699,000. The 6 month price trend in 78602: risen 0.2%. The best comp here is 607 Magnolia ST, Bastrop TX 78602 at an adjusted value of $217,127, a strong comparable. With 3 comparable sales in FARM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group