104 Bishop, Smithville TX 78957

After reviewing 7 recent transactions in BURLESON, I estimate this property's value at $308,543. A competitive list price for this home right now would fall in the $302,000 to $315,000 range. This home's position in the current BURLESON market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The 157 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.19 acres versus the area average of 0.26) contributes to the valuation. The active market in BURLESON includes 7 comparable homes priced from $175,000 to $377,500. Prices in BURLESON have fallen 45.9% over the last 6 months. A similar home at 805 Craddock CT, Smithville TX 78957 carries an adjusted comparable value of $329,096, providing a strong data point. With 7 comparable sales in BURLESON, 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