Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $552,372. To generate strong buyer interest while maximizing value, I'd price this between $318,000 and $328,000. Against 5 similar active listings in 78957, this price point lands at the most expensive of 5 comparable homes on the market. The smaller floor plan (736 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in 78957 have 5 comparable options right now, with asking prices between $324,900 and $635,000. The trend in 78957 shows prices have risen 3% in the past 6 months. 571 Pine Canyon DR, Smithville TX 78957 nearby adjusts to $296,064; a strong comparable. The 3 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
