202 PRIMA ST # A, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $205,404. For a well positioned listing in SMITHVILLE TOWNSITE, I'd target the $109,000 to $119,000 range. With 7 comparable homes on the market in SMITHVILLE TOWNSITE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 290 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1940 construction puts this home 20 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SMITHVILLE TOWNSITE; a buyer's market based on recent absorption. Recent trends in SMITHVILLE TOWNSITE show home values have fallen 35.4% since 6 months ago. The most comparable recent sale is 304 Washington ST, Smithville TX 78957, with an adjusted value of $157,711; 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