121 KLBJ RD, Smithville TX 78957

The market data from 7 similar recent sales in 78957 points to a value of approximately $409,750. To sell within a reasonable timeframe at fair market value, the $309,000 to $319,000 range is where I'd position this. Against 7 similar active listings in 78957, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2009 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.01 acres, the lot is larger than the 0.89 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78957 (a buyer's market), competition is a factor to consider. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 503 Colorado ST, Smithville TX 78957, adjusting to $609,164; a strong comparable. 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