1303 8th ST, Smithville TX 78957

My analysis of 4 comparable properties puts this home's estimated value at $299,807. Based on how the local market is moving, a list price between $291,000 and $309,000 would position this home well. This home's position in the current RIVERDALE market: no active comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1979 build date influences the valuation. The smaller lot (0.27 acres versus the area average of 0.47) contributes to the valuation. The 6 month price trend in 78957: risen 4.8%. The best comp here is 911 Charleston BLVD, Smithville TX 78957 at an adjusted value of $380,641, a strong comparable. With 4 comparable sales in RIVERDALE, 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