485 Lone Star RD, Bastrop TX 78602

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $358,550. I'd recommend coming to market at $525,000 to $547,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78602. Being 170 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2.25 acre lot (larger than the 1.02 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78602 (a buyer's market), competition is a factor to consider. The trend in 78602 shows prices have fallen 1.1% in the past 6 months. 545 Lone Star RD, Bastrop TX 78602 nearby adjusts to $364,840; with a larger floor plan. Based on 7 relevant data points in 78602, 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