156 FM 2571, Smithville TX 78957

Based on 7 closed sales in TOBIN, the data points to a value around $275,699 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $71,000 to $81,000. This would position the home competitively among 7 active listings in TOBIN. Being 138 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2016 (44 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in TOBIN; a buyer's market based on recent absorption. Market data shows 78957 prices risen 4% over the last half year. The closest comparable sale, 146 FM 2571 Highway, Smithville TX 78957 at an adjusted $234,072, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus