108 Chaparrel LN, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $380,821. I'd recommend coming to market at $230,000 to $240,000 to strike the right balance between value and market velocity. In the current 78957 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 732 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1.00 acre lot (smaller than the 2.36 acre average) is reflected in the estimate. Buyers in 78957 have 2 comparable options right now, with asking prices between $209,900 and $525,000. The trend in 78957 shows prices have risen 3% in the past 6 months. 539 Colovista PKWY # B103, Bastrop TX 78602 nearby adjusts to $264,367; a strong comparable. Based on 7 relevant data points in 78957, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX