169 Wrangler 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 $683,818. I'd recommend coming to market at $874,000 to $941,000 to strike the right balance between value and market velocity. In the current LA REATA RANCH market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 839 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2001, this home is 11 years older than the average comp, which is reflected in the adjustments. The active market in LA REATA RANCH includes 2 comparable homes priced from $569,900 to $635,000. The trend in 78957 shows prices have risen 3.4% in the past 6 months. 236 Pony Express DR, Smithville TX 78957 nearby adjusts to $714,502; a strong comparable. Based on 5 relevant data points in LA REATA RANCH, 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