521 Pine Canyon DR, Smithville TX 78957

After reviewing 7 recent transactions in PINE VALLEY ESTATE, I estimate this property's value at $460,324. A competitive list price for this home right now would fall in the $340,000 to $350,000 range. Relative to what's currently available in PINE VALLEY ESTATE, this home would be the 2nd least expensive of 4 comparable homes on the market. At 5 years newer than typical comps, the 1987 build date influences the valuation. The smaller lot (5.05 acres versus the area average of 6.29) contributes to the valuation. The active market in PINE VALLEY ESTATE includes 4 comparable homes priced from $309,900 to $569,900. Prices in 78957 have risen 3.1% over the last 6 months. A similar home at 153 Ironstone RD, Smithville TX 78957 carries an adjusted comparable value of $540,140, providing a strong data point. With 7 comparable sales in PINE VALLEY ESTATE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group