154 Cheyenne DR, Smithville TX 78957

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $130,954. To generate strong buyer interest while maximizing value, I'd price this between $90,000 and $100,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in LAKE THUNDERBIRD. The smaller floor plan (452 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1968 construction puts this home 19 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in LAKE THUNDERBIRD; a buyer's market based on recent absorption. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 119 Spear DR, Smithville TX 78957 nearby adjusts to $77,350; a strong comparable. 7 comparable transactions in LAKE THUNDERBIRD 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