1406 SE 1st ST, Smithville TX 78957

The market data from 7 similar recent sales in BUNTE points to a value of approximately $290,302. To sell within a reasonable timeframe at fair market value, the $245,000 to $255,000 range is where I'd position this. Against 3 similar active listings in BUNTE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1985 construction puts this home 29 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in BUNTE, listed between $225,000 and $299,900. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 608 Wilkes ST, Smithville TX 78957, adjusting to $233,077; with a smaller floor plan. 7 comparable transactions in BUNTE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group