493 Old Lake RD, Smithville TX 78957

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $327,621. To generate strong buyer interest while maximizing value, I'd price this between $328,000 and $346,000. With 7 comparable homes on the market in LOMAS, this price positions the property as the most expensive of 7 comparable homes on the market. The 2003 construction puts this home 18 years newer than the comp average, a factor in the pricing. At 4.93 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LOMAS, listed between $311,244 and $400,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 300 Walker ST, Smithville TX 78957 nearby adjusts to $197,699; a strong comparable. 7 comparable transactions in LOMAS 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