839 Pine Valley LOOP, Smithville TX 78957

After reviewing 5 recent transactions in PINE VALLEY ESTATES, I estimate this property's value at $424,162. A competitive list price for this home right now would fall in the $411,000 to $437,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in PINE VALLEY ESTATES's current inventory. At 20 years newer than typical comps, the 1995 build date influences the valuation. The smaller lot (5.48 acres versus the area average of 7.59) contributes to the valuation. Current inventory shows 3 comparable homes in PINE VALLEY ESTATES; a buyer's market based on recent absorption. Prices in 78957 have risen 4.5% over the last 6 months. A similar home at 533 Pine Canyon DR, Smithville TX 78957 carries an adjusted comparable value of $469,032, providing a strong data point. With 5 comparable sales in PINE VALLEY ESTATES, 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