Lot 1 Pine Shadows LN, Bastrop TX 78602

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $413,717. Pricing this home between $357,000 and $367,000 would put it in the competitive sweet spot for PINE FOREST P III. Buyers shopping in PINE FOREST P III right now would see this as a well positioned option among 5 comparable homes. The larger lot (0.91 acres versus the area average of 0.88) contributes to the valuation. Current inventory shows 5 comparable homes in PINE FOREST P III; a buyer's market based on recent absorption. Market data shows 78602 prices risen 0.2% over the last half year. The closest comparable sale, 132 Mamalu DR, Bastrop TX 78602 at an adjusted $439,650, is a strong comparable. 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