The estimated value of this property is $260,703, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $294,000 and $332,000. With 7 comparable homes on the market in 78602, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 2001, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78602, ranging from $250,000 to $525,000. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 100 Javelina TRL, Bastrop TX 78602, with an adjusted value of $267,054; a strong comparable. 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