1404 CALDWELL LN, Smithville TX 78957

The estimated value of this property is $301,894, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $194,000 and $204,000. In the current RIVERSIDE VISTA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (111 sqft vs the comp average) plays a role in how the market prices it. Built in 1999, this home is 12 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in RIVERSIDE VISTA (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 4.2% since 6 months ago. The most comparable recent sale is 1418 NE 7th ST, Smithville TX 78957, with an adjusted value of $288,687; with a smaller floor plan. Based on 7 relevant data points in RIVERSIDE VISTA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX