106 LUTON, Smithville TX 78957

The market data from 7 similar recent sales in PINE WOOD points to a value of approximately $320,108. To sell within a reasonable timeframe at fair market value, the $211,000 to $221,000 range is where I'd position this. With 7 comparable homes on the market in PINE WOOD, this price positions the property as the most expensive of 7 comparable homes on the market. At 2.01 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Buyers in PINE WOOD have 7 comparable options right now, with asking prices between $225,900 and $339,900. In 78957, home values have risen approximately 4.2% over the past 6 months. One of the strongest data points is 300 Walker ST, Smithville TX 78957, adjusting to $202,475; a strong comparable. 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