159 Powell RD, Smithville TX 78957

The estimated value of this property is $364,519, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $411,000 and $425,000. Against 3 similar active listings in SMITHVILLE WEST, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (117 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2008, this home is 22 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SMITHVILLE WEST (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 1.9% since 6 months ago. The most comparable recent sale is 185 E Broken Tree LN, Smithville TX 78957, with an adjusted value of $427,474; with a smaller floor plan. Based on 7 relevant data points in SMITHVILLE WEST, 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