134 Lakeside DR, Bastrop TX 78602

After reviewing 4 recent transactions in PINE FOREST P III, I estimate this property's value at $498,088. A competitive list price for this home right now would fall in the $377,000 to $387,000 range. This home's position in the current PINE FOREST P III market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 176 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.27 acres versus the area average of 1.16) contributes to the valuation. Current inventory shows 7 comparable homes in PINE FOREST P III; a buyer's market based on recent absorption. Prices in 78602 have fallen 2.7% over the last 6 months. A similar home at 108 E Tanglebriar CT, Bastrop TX 78602 carries an adjusted comparable value of $495,058, providing a strong data point. With 4 comparable sales in PINE FOREST P III, 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