121 Cheyenne DR, Smithville TX 78957

The estimated value of this property is $320,496, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $162,000 and $172,000. Among the similar homes currently available in 78957, this price point stands out as competitive. Built in 1978, this home is 31 years older than the average comp, which is reflected in the adjustments. The 1.15 acre lot (larger than the 0.44 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in 78957, listed between $179,000 and $310,000. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 131 Chippewa TRL, Smithville TX 78957, with an adjusted value of $251,444; 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