1725 E Loop 230, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $329,360. Based on how the local market is moving, a list price between $259,000 and $269,000 would position this home well. This would position the home competitively among 7 active listings in LOMAS. At 22 years older than typical comps, the 1949 build date influences the valuation. The larger lot (0.79 acres versus the area average of 0.37) contributes to the valuation. 7 similar homes are currently available in LOMAS, creating a buyer's market for this price range. The 6 month price trend in 78957: risen 3.7%. The best comp here is 707 Bishop ST, Smithville TX 78957 at an adjusted value of $374,472, with a larger floor plan. With 7 comparable sales in LOMAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group