1105 NE 9th ST, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $292,915. For a well positioned listing in RIVERDALE, I'd target the $241,000 to $251,000 range. Against 5 similar active listings in RIVERDALE, this price point lands at the 2nd least expensive of 5 comparable homes on the market. At 183 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Current inventory shows 5 comparable homes in RIVERDALE; a buyer's market based on recent absorption. Recent trends in 78957 show home values have risen 4% since 6 months ago. The most comparable recent sale is 1301 NE 2nd ST, Smithville TX 78957, with an adjusted value of $331,283; with no pool. 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