203 O Grady RD, Smithville TX 78957

After reviewing 7 recent transactions in 78957, I estimate this property's value at $584,062. A competitive list price for this home right now would fall in the $717,000 to $729,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78957's current inventory. Being 640 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (36.36 acres versus the area average of 3.11) contributes to the valuation. There are currently 3 similar homes on the market in 78957, ranging from $499,900 to $825,000. Prices in 78957 have risen 4.8% over the last 6 months. A similar home at 109 Sandpiper DR, Bastrop TX 78602 carries an adjusted comparable value of $443,026, providing a strong data point. With 7 comparable sales in 78957, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group