716 Hawthorne ST, Bastrop TX 78602

The market data from 7 similar recent sales in FARM LT points to a value of approximately $167,391. To sell within a reasonable timeframe at fair market value, the $162,000 to $172,000 range is where I'd position this. Against 1 similar active listings in FARM LT, this price point lands at below the only comparable home currently on the market. Being 390 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1920 construction puts this home 26 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in FARM LT; a buyer's market based on recent absorption. In FARM LT, home values have risen approximately 32.8% over the past 6 months. One of the strongest data points is 1705 Carter ST, Bastrop TX 78602, adjusting to $137,074; a strong comparable. 7 comparable transactions in FARM LT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group