202 Lee ST, Smithville TX 78957

After reviewing 7 recent transactions in SMITHVILLE TOWNSITE, I estimate this property's value at $249,036. A competitive list price for this home right now would fall in the $90,000 to $100,000 range. This home's position in the current SMITHVILLE TOWNSITE market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. At 343 sqft smaller than the typical comp, the size difference factors into the valuation. At 31 years newer than typical comps, the 2005 build date influences the valuation. Right now, 6 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $99,000 and $425,000. Prices in SMITHVILLE TOWNSITE have fallen 35.4% over the last 6 months. A similar home at 304 Washington ST, Smithville TX 78957 carries an adjusted comparable value of $158,704, providing a strong data point. With 7 comparable sales in SMITHVILLE TOWNSITE, 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