705 Pecan ST, Bastrop TX 78602

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $406,295. I'd recommend coming to market at $457,000 to $458,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BUILDING BLK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1986, this home is 29 years older than the average comp, which is reflected in the adjustments. The 0.35 acre lot (larger than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BUILDING BLK; a buyer's market based on recent absorption. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 169 KONA DR, Bastrop TX 78602 nearby adjusts to $425,567; with a smaller 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