505 Laurel ST, Bastrop TX 78602

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $359,592. I'd recommend coming to market at $436,000 to $445,000 to strike the right balance between value and market velocity. In the current FARM LT market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (241 sqft vs the comp average) plays a role in how the market prices it. Built in 1976, this home is 6 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in FARM LT, creating a buyer's market for this price range. The trend in FARM LT shows prices have risen 32.8% in the past 6 months. 1106 Spring ST, Bastrop TX 78602 nearby adjusts to $468,100; with a smaller floor plan. Based on 7 relevant data points in FARM LT, 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