172 Thunderbird DR, Smithville TX 78957

The market data from 7 similar recent sales in LAKE THUNDERBIRD points to a value of approximately $166,153. To sell within a reasonable timeframe at fair market value, the $85,000 to $95,000 range is where I'd position this. With 2 comparable homes on the market in LAKE THUNDERBIRD, this price positions the property as the most expensive of 2 comparable homes on the market. The 491 sqft size difference versus comparable sales is reflected in the adjusted values. The 1981 construction puts this home 16 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. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 119 Spear DR, Smithville TX 78957, adjusting to $84,784; 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