507 Water ST, Bastrop TX 78602

After reviewing 7 recent transactions in BUILDING BLOCK, I estimate this property's value at $398,872. A competitive list price for this home right now would fall in the $453,000 to $456,000 range. This home's position in the current BUILDING BLOCK market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 108 sqft larger than the average comparable sale in this area impacts the per square foot value. At 55 years older than typical comps, the 1961 build date influences the valuation. 7 similar homes are currently available in BUILDING BLOCK, creating a buyer's market for this price range. Prices in 78602 have risen 0.7% over the last 6 months. A similar home at 404 N Belinda CT, Bastrop TX 78602 carries an adjusted comparable value of $324,878, providing a strong data point. With 7 comparable sales in BUILDING BLOCK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group