425 Woodlands DR, Bastrop TX 78602

The estimated value of this property is $413,306, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $254,000 and $264,000. In the current WOODLANDS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (320 sqft compared to the average comp) is a meaningful differentiator in this price range. The 6.66 acre lot (larger than the 0.49 acre average) is reflected in the estimate. 7 similar homes are currently available in WOODLANDS, creating a buyer's market for this price range. Recent trends in WOODLANDS show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 106 Woodcutter CT, Bastrop TX 78602, with an adjusted value of $529,246; with a larger floor plan. Based on 7 relevant data points in WOODLANDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX