7 recent sales in the surrounding area of this address suggest a current value of $174,658. My recommended list price range for this property would be $169,000 to $180,000. With 1 comparable homes on the market in LAKE THUNDERBIRD, this price positions the property as below the only comparable home currently on the market. Built in 1978, this home is 22 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (smaller than the 1.00 acre average) is reflected in the estimate. 1 similar homes are currently available in LAKE THUNDERBIRD, creating a buyer's market for this price range. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 119 Spear DR, Smithville TX 78957, adjusting to $82,735; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group