701 Fayette ST, Bastrop TX 78602

After reviewing 7 recent transactions in BUILDING BLK, I estimate this property's value at $265,991. A competitive list price for this home right now would fall in the $197,000 to $207,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in BUILDING BLK's current inventory. The 306 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.15 acres versus the area average of 0.45) contributes to the valuation. The active market in BUILDING BLK includes 2 comparable homes priced from $199,999 to $699,000. Prices in 78602 have fallen 0.3% over the last 6 months. A similar home at 1106 Spring ST, Bastrop TX 78602 carries an adjusted comparable value of $339,690, providing a strong data point. With 7 comparable sales in BUILDING BLK, 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