114 Kiowa DR, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $157,485. I'd recommend coming to market at $102,000 to $112,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LAKE THUNDERBIRD, this price point stands out as competitive. The smaller floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in LAKE THUNDERBIRD; a buyer's market based on recent absorption. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 119 Spear DR, Smithville TX 78957 nearby adjusts to $77,875; 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