107 West, Smithville TX 78957

The market data from 7 similar recent sales in TOBIN points to a value of approximately $266,633. To sell within a reasonable timeframe at fair market value, the $186,000 to $196,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in TOBIN. This home's smaller footprint (232 sqft vs the comp average) plays a role in how the market prices it. The 1958 construction puts this home 21 years older than the comp average, a factor in the pricing. Buyers in TOBIN have 7 comparable options right now, with asking prices between $175,000 and $425,000. In 78957, home values have risen approximately 3% over the past 6 months. One of the strongest data points is 304 Washington ST, Smithville TX 78957, adjusting to $186,341; 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