137 Ponderosa RD, Bastrop TX 78602

The market data from 7 similar recent sales in HIGHSMITH points to a value of approximately $433,769. To sell within a reasonable timeframe at fair market value, the $262,000 to $272,000 range is where I'd position this. With 7 comparable homes on the market in HIGHSMITH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 3.50 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. With 7 similar homes currently listed in HIGHSMITH (a buyer's market), competition is a factor to consider. In 78602, home values have risen approximately 3.6% over the past 6 months. One of the strongest data points is 139 Village Forest DR, Smithville TX 78957, adjusting to $419,521; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group