7 recent sales within a mile of this address suggest a current value of $415,617. My recommended list price range for this property would be $520,000 to $545,000. With 2 comparable homes on the market in COLOVISTA TWNHMS, this price positions the property as the most affordable of 2 comparable homes on the market. At 172 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2005, this home is 5 years older than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in COLOVISTA TWNHMS (a buyer's market), competition is a factor to consider. In 78602, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 539 Colovista PKWY # C101, Bastrop TX 78602, adjusting to $320,299; with a larger floor plan. With 7 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