407 Magnolia ST, Bastrop TX 78602

The estimated value of this property is $293,199, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $207,000 and $217,000. In the current FARM LT market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1981, this home is 17 years newer than the average comp, which is reflected in the adjustments. The 0.23 acre lot (smaller than the 0.34 acre average) is reflected in the estimate. With 7 similar homes currently listed in FARM LT (a buyer's market), competition is a factor to consider. Recent trends in FARM LT show home values have risen 32.8% since 6 months ago. The most comparable recent sale is 902 Linden ST, Bastrop TX 78602, with an adjusted value of $284,553; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group