240 Pine Valley LOOP, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $472,039. I'd recommend coming to market at $480,000 to $504,000 to strike the right balance between value and market velocity. In the current PINE VALLEY ESTATES market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (220 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1982, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in PINE VALLEY ESTATES (a buyer's market), competition is a factor to consider. The trend in 78957 shows prices have risen 4% in the past 6 months. 810 Pine Valley LOOP, Smithville TX 78957 nearby adjusts to $366,137; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group