156 FM 2571, Smithville TX 78957

Based on 3 closed sales in TOBIN, the data points to a value around $264,900 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $276,000 to $304,000. This would position the home competitively among 7 active listings in TOBIN. Being built in 2016 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.27 for the typical comp. Current inventory shows 7 comparable homes in TOBIN; a buyer's market based on recent absorption. Market data shows 78957 prices risen 3.9% over the last half year. The closest comparable sale, 400 Washington ST, Smithville TX 78957 at an adjusted $243,120, is with a smaller floor plan. This estimate draws on 3 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