The estimated value of this property is $470,104, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $564,000 and $593,000. Among the similar homes currently available in HIGH PINES, this price point stands out as competitive. The larger floor plan (515 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2013, this home is 30 years newer than the average comp, which is reflected in the adjustments. The active market in HIGH PINES includes 2 comparable homes priced from $530,000 to $795,000. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 110 Les LN, Smithville TX 78957, with an adjusted value of $592,583; with a smaller floor plan. With 7 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
