131 Chippewa TRL, Smithville TX 78957

The estimated value of this property is $270,068, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $157,000 and $167,000. With 2 comparable homes on the market in LAKE THUNDERBIRD, this price positions the property as the 0th most expensive of 2 comparable homes on the market. Being 331 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.66 acre lot (larger than the 0.33 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in LAKE THUNDERBIRD; a buyer's market based on recent absorption. Recent trends in 78957 show home values have risen 0.8% since 6 months ago. The most comparable recent sale is 127 Chippewa TRL, Smithville TX 78957, with an adjusted value of $208,424; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group