101 Main, Smithville TX 78957

The market data from 7 similar recent sales in SMITHVILLE TOWNSITE points to a value of approximately $309,699. To sell within a reasonable timeframe at fair market value, the $335,000 to $366,000 range is where I'd position this. Against 2 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the most expensive of 2 comparable homes on the market. The 1997 construction puts this home 43 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. With 2 similar homes currently listed in SMITHVILLE TOWNSITE (a buyer's market), competition is a factor to consider. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 200 Gresham ST, Smithville TX 78957, adjusting to $365,992; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group