129 Bluff Street, Smithville TX 78957

The market data from 7 similar recent sales in TOBIN points to a value of approximately $294,378. To sell within a reasonable timeframe at fair market value, the $240,000 to $250,000 range is where I'd position this. With 7 comparable homes on the market in TOBIN, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1996 construction puts this home 28 years newer than the comp average, a factor in the pricing. At 2.97 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in TOBIN, listed between $238,000 and $340,000. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 146 FM 2571 Highway, Smithville TX 78957, adjusting to $261,858; 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