177 Hector RD, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $320,140. For a well positioned listing in 78957, I'd target the $185,000 to $195,000 range. In the current 78957 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 1998 construction puts this home 18 years newer than the comp average, a factor in the pricing. At 11.00 acres, the lot is larger than the 0.93 acre comp average, which factors into pricing. 2 similar homes are currently available in 78957, creating a buyer's market for this price range. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 1147 Fm 153 # B, Smithville TX 78957, with an adjusted value of $460,525; with a smaller floor plan. 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