505 Fm 1209, Bastrop TX 78602

The market data from 7 similar recent sales in 78602 points to a value of approximately $364,451. To sell within a reasonable timeframe at fair market value, the $295,000 to $305,000 range is where I'd position this. With 4 comparable homes on the market in 78602, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 153 sqft larger than the typical comp, the size difference factors into the valuation. The 1994 construction puts this home 10 years older than the comp average, a factor in the pricing. Buyers in 78602 have 4 comparable options right now, with asking prices between $336,000 and $739,900. In 78602, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 203 River Oaks DR, Cedar Creek TX 78612, adjusting to $237,846; with a smaller floor plan. 7 comparable transactions in 78602 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group