102 Bishop ST, Smithville TX 78957

The estimated value of this property is $292,241, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $112,000 and $122,000. With 7 comparable homes on the market in BURLESON, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (241 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1930, this home is 18 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BURLESON; a buyer's market based on recent absorption. Recent trends in BURLESON show home values have risen 79.8% since 6 months ago. The most comparable recent sale is 602 Olive ST, Smithville TX 78957, with an adjusted value of $232,093; a strong comparable. Based on 7 relevant data points in BURLESON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX