522 Kaanapali LN, Bastrop TX 78602

The estimated value of this property is $644,656, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $485,000 and $495,000. With 7 comparable homes on the market in PINE FOREST P III, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 229 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2.00 acre lot (smaller than the 2.24 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in PINE FOREST P III, ranging from $450,000 to $834,000. Recent trends in 78602 show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 188 River Forest DR, Bastrop TX 78602, with an adjusted value of $716,165; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group