313 Charles ST, Rockdale TX 76567

After reviewing 4 recent transactions in SMITH, I estimate this property's value at $145,946. A competitive list price for this home right now would fall in the $178,000 to $183,000 range. This would position the home competitively among 3 active listings in SMITH. The smaller lot (0.24 acres versus the area average of 0.30) contributes to the valuation. Current inventory shows 3 comparable homes in SMITH; a buyer's market based on recent absorption. Prices in 76567 have fallen 7.9% over the last 6 months. A similar home at 920 Haley Ave, Rockdale TX 76567 carries an adjusted comparable value of $177,823, providing a strong data point. With 4 comparable sales in SMITH, 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