505 Buttonwood ST, Bastrop TX 78602

Based on 7 closed sales in FARM, the data points to a value around $281,411 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $187,000 to $197,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in FARM's current inventory. The 146 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1942 (31 years older than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in FARM, listed between $180,000 and $290,000. Market data shows 78602 prices risen 2.2% over the last half year. The closest comparable sale, 1905 Main ST, Bastrop TX 78602 at an adjusted $230,037, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in FARM. 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