405 Fm 1441 Highway, Bastrop TX 78602

After reviewing 7 recent transactions in 78602, I estimate this property's value at $221,731. A competitive list price for this home right now would fall in the $188,000 to $198,000 range. This home's position in the current 78602 market: the most expensive of 3 comparable homes on the market among comparable properties. Being 476 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.46 acres versus the area average of 0.66) contributes to the valuation. With 3 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. Prices in 78602 have risen 0.2% over the last 6 months. A similar home at 147 Sunset HTS, Bastrop TX 78602 carries an adjusted comparable value of $113,380, providing a strong data point. With 7 comparable sales in 78602, 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