506 Hickory ST, Bastrop TX 78602

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $205,742. Pricing this home between $231,000 and $233,000 would put it in the competitive sweet spot for FARM LT. This home's position in the current FARM LT market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 29 years older than typical comps, the 1940 build date influences the valuation. The larger lot (0.29 acres versus the area average of 0.26) contributes to the valuation. With 7 similar homes currently listed in FARM LT (a buyer's market), competition is a factor to consider. Market data shows FARM LT prices risen 32.8% over the last half year. The closest comparable sale, 1709 Carter ST, Bastrop TX 78602 at an adjusted $184,806, is with a smaller floor plan. The comp data here (7 sales in FARM LT) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus