116 Natchez ST, Smithville TX 78957

After reviewing 7 recent transactions in LAKE THUNDERBIRD, I estimate this property's value at $202,319. A competitive list price for this home right now would fall in the $196,000 to $208,000 range. Relative to what's currently available in LAKE THUNDERBIRD, this home would be below the only comparable home currently on the market. Being 281 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.34 acres versus the area average of 0.24) contributes to the valuation. Right now, 1 similar properties are competing for buyers in LAKE THUNDERBIRD, listed between $228,500 and $228,500. Prices in 78957 have risen 3.4% over the last 6 months. A similar home at 503 Hill ST, Smithville TX 78957 carries an adjusted comparable value of $121,455, providing a strong data point. With 7 comparable sales in LAKE THUNDERBIRD, 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