330 Powell RD, Smithville TX 78957

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $392,385. To generate strong buyer interest while maximizing value, I'd price this between $381,000 and $404,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in SMITHVILLE WEST. At 696 sqft smaller than the typical comp, the size difference factors into the valuation. At 6.00 acres, the lot is larger than the 3.47 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in SMITHVILLE WEST; a buyer's market based on recent absorption. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 303 Ponderosa RD, Bastrop TX 78602 nearby adjusts to $364,636; with a larger floor plan. 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