201 Gresham ST, Smithville TX 78957

The market data from 7 similar recent sales in SMITHVILLE TOWNSITE points to a value of approximately $209,004. To sell within a reasonable timeframe at fair market value, the $96,000 to $106,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in SMITHVILLE TOWNSITE. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. The 1938 construction puts this home 36 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $99,000 and $425,000. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 202 PRIMA ST # A, Smithville TX 78957, adjusting to $304,520; 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