205 Pony Express DR, Smithville TX 78957

The market data from 5 similar recent sales in LA REATA RANCH points to a value of approximately $690,492. To sell within a reasonable timeframe at fair market value, the $482,000 to $492,000 range is where I'd position this. Against 1 similar active listings in LA REATA RANCH, this price point lands at below the only comparable home currently on the market. This home's smaller footprint (1,512 sqft vs the comp average) plays a role in how the market prices it. The 2001 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in LA REATA RANCH, ranging from $524,900 to $524,900. In 78957, home values have risen approximately 2.7% over the past 6 months. One of the strongest data points is 236 Pony Express DR, Smithville TX 78957, adjusting to $652,363; with a larger floor plan. 5 comparable transactions in LA REATA RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group