420 Kaanapali LN, Bastrop TX 78602

Taking into account 3 nearby comparable sales, this property's estimated value comes to $561,755. If we were to list this property today, I'd recommend a list price in the $310,000 to $320,000 range. This would position the home competitively among 7 active listings in PINE FOREST P III. The larger floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2002 (7 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PINE FOREST P III; a buyer's market based on recent absorption. The 6 month price trend in 78602: risen 1.5%. The best comp here is 149 McAllister RD, Bastrop TX 78602 at an adjusted value of $587,442, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in PINE FOREST P III. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group