18.2 AC Young School House RD, Smithville TX 78957

The market data from 7 similar recent sales in 78957 points to a value of approximately $634,420. To sell within a reasonable timeframe at fair market value, the $369,000 to $379,000 range is where I'd position this. With 2 comparable homes on the market in 78957, this price positions the property as the most expensive of 2 comparable homes on the market. The 1986 construction puts this home 26 years older than the comp average, a factor in the pricing. At 18.20 acres, the lot is larger than the 2.85 acre comp average, which factors into pricing. 2 similar homes are currently available in 78957, creating a buyer's market for this price range. In 78957, home values have risen approximately 3.1% over the past 6 months. One of the strongest data points is 247 Colovista PKWY, Bastrop TX 78602, adjusting to $722,508; with a pool. The 7 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