1408 NE 8th ST, Smithville TX 78957

The market data from 7 similar recent sales in RIVERDALE points to a value of approximately $353,643. To sell within a reasonable timeframe at fair market value, the $298,000 to $308,000 range is where I'd position this. With 7 comparable homes on the market in RIVERDALE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1975 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIVERDALE (a buyer's market), competition is a factor to consider. In 78957, home values have risen approximately 4% over the past 6 months. One of the strongest data points is 911 Charleston BLVD, Smithville TX 78957, adjusting to $390,727; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group