1200 NE 5th ST, Smithville TX 78957

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $228,113. I'd recommend coming to market at $300,000 to $317,000 to strike the right balance between value and market velocity. In the current BYRNE market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. Built in 1952, this home is 29 years older than the average comp, which is reflected in the adjustments. Buyers in BYRNE have 5 comparable options right now, with asking prices between $200,000 and $450,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 1301 NE 2nd ST, Smithville TX 78957 nearby adjusts to $258,609; a strong comparable. 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