123 Nicole LN, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $307,881. For a well positioned listing in 78957, I'd target the $62,000 to $72,000 range. In the current 78957 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (110 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1985 construction puts this home 12 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in 78957, creating a buyer's market for this price range. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 608 Wilkes ST, Smithville TX 78957, with an adjusted value of $256,623; with a smaller floor plan. 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