502 Elm ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM LT points to a value of approximately $497,830. To sell within a reasonable timeframe at fair market value, the $744,000 to $756,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in FARM LT. The larger floor plan (1,524 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. There are currently 4 similar homes on the market in FARM LT, ranging from $625,000 to $999,000. In FARM LT, home values have risen approximately 32.8% over the past 6 months. One of the strongest data points is 604 Wilhelm ST, Bastrop TX 78602, adjusting to $455,521; with a smaller floor plan and no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group