200 Prima ST, Smithville TX 78957

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $237,295. I'd recommend coming to market at $188,000 to $198,000 to strike the right balance between value and market velocity. Against 4 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the 2nd most expensive of 4 comparable homes on the market. This home's smaller footprint (845 sqft vs the comp average) plays a role in how the market prices it. Built in 1960, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in SMITHVILLE TOWNSITE (a buyer's market), competition is a factor to consider. The trend in SMITHVILLE TOWNSITE shows prices have fallen 35.4% in the past 6 months. 304 Washington ST, Smithville TX 78957 nearby adjusts to $148,025; with a larger floor plan. Based on 7 relevant data points in SMITHVILLE TOWNSITE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX