After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $248,781. Pricing this home between $301,000 and $306,000 would put it in the competitive sweet spot for BYRNE. This home's position in the current BYRNE market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. At 8 years newer than typical comps, the 1998 build date influences the valuation. Current inventory shows 6 comparable homes in BYRNE; a buyer's market based on recent absorption. Market data shows 78957 prices risen 4.8% over the last half year. The closest comparable sale, 608 Wilkes ST, Smithville TX 78957 at an adjusted $240,568, is a strong comparable. With 7 comparable sales in BYRNE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group