158 Cheyenne DR, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $236,072. For a well positioned listing in 78957, I'd target the $229,000 to $243,000 range. Against 1 similar active listings in 78957, this price point lands at below the only comparable home currently on the market. The 1978 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78957 (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 608 Wilkes ST, Smithville TX 78957, with an adjusted value of $222,599; a strong comparable. 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