504 Elm ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM points to a value of approximately $286,768. To sell within a reasonable timeframe at fair market value, the $225,000 to $235,000 range is where I'd position this. Among the similar homes currently available in FARM, this price point stands out as competitive. The 1965 construction puts this home 28 years older than the comp average, a factor in the pricing. At 0.47 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. 3 similar homes are currently available in FARM, creating a buyer's market for this price range. In 78602, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 902 Linden ST, Bastrop TX 78602, adjusting to $291,105; a strong comparable. 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