116 Moccasin Bend DR, Smithville TX 78957

The estimated value of this property is $299,716, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $245,000 and $255,000. With 1 comparable homes on the market in 78957, this price positions the property as below the only comparable home currently on the market. Built in 2003, this home is 20 years newer than the average comp, which is reflected in the adjustments. The 1.00 acre lot (larger than the 0.22 acre average) is reflected in the estimate. 1 similar homes are currently available in 78957, creating a buyer's market for this price range. Recent trends in 78957 show home values have risen 4.2% since 6 months ago. The most comparable recent sale is 184 Arrowhead DR, Smithville TX 78957, with an adjusted value of $194,597; with a larger floor plan. 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