7 recent sales in the surrounding area of this address suggest a current value of $223,287. My recommended list price range for this property would be $217,000 to $230,000. With 1 comparable homes on the market in LAKE THUNDERBIRD, this price positions the property as below the only comparable home currently on the market. Built in 1978, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.19 acre average) is reflected in the estimate. 1 similar homes are currently available in LAKE THUNDERBIRD, creating a buyer's market for this price range. In 78957, home values have risen approximately 3.2% over the past 6 months. One of the strongest data points is 184 Arrowhead DR, Smithville TX 78957, adjusting to $147,285; with a larger 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