Taking into account 4 nearby comparable sales, this property's estimated value comes to $307,433. If we were to list this property today, I'd recommend a list price in the $241,000 to $251,000 range. Relative to what's currently available in ONEY, this home would be the 3rd most expensive of 5 comparable homes on the market. Being 142 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.30 acres versus 0.24 for the typical comp. Current inventory shows 5 comparable homes in ONEY; a buyer's market based on recent absorption. The 6 month price trend in 78602: risen 0.2%. The best comp here is 1106 Spring ST, Bastrop TX 78602 at an adjusted value of $388,992, with a larger floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus