The market data from 7 similar recent sales in SMITHVILLE TOWNSITE points to a value of approximately $300,112. To sell within a reasonable timeframe at fair market value, the $404,000 to $415,000 range is where I'd position this. Among the similar homes currently available in SMITHVILLE TOWNSITE, this price point stands out as competitive. This home's larger footprint (881 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 25 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in SMITHVILLE TOWNSITE, ranging from $309,000 to $465,000. In SMITHVILLE TOWNSITE, home values have fallen approximately 44.3% over the past 6 months. One of the strongest data points is 300 Walker ST, Smithville TX 78957, adjusting to $196,188; with a smaller floor plan. 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