902 Linden ST, Bastrop TX 78602

After reviewing 7 recent transactions in FARM LT, I estimate this property's value at $273,122. A competitive list price for this home right now would fall in the $221,000 to $231,000 range. Buyers shopping in FARM LT right now would see this as a well positioned option among 2 comparable homes. At 5 years newer than typical comps, the 1987 build date influences the valuation. The smaller lot (0.42 acres versus the area average of 1.81) contributes to the valuation. Right now, 2 similar properties are competing for buyers in FARM LT, listed between $220,950 and $229,000. Prices in 78602 have fallen 3.1% over the last 6 months. A similar home at 751 Blair Ave, Bastrop TX 78602 carries an adjusted comparable value of $268,684, providing a strong data point. With 7 comparable sales in FARM LT, 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