150 Iroquois DR, Smithville TX 78957

The estimated value of this property is $254,488, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $191,000 and $201,000. Against 4 similar active listings in LAKE THUNDERBIRD, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Being 546 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1998, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in LAKE THUNDERBIRD; a buyer's market based on recent absorption. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 131 Chippewa TRL, Smithville TX 78957, with an adjusted value of $275,500; with a smaller floor plan. 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