204 Gresham ST, Smithville TX 78957

After reviewing 7 recent transactions in SMITHVILLE TOWNSITE, I estimate this property's value at $229,293. A competitive list price for this home right now would fall in the $65,000 to $75,000 range. Buyers shopping in SMITHVILLE TOWNSITE right now would see this as a well positioned option among 7 comparable homes. At 5 years newer than typical comps, the 1961 build date influences the valuation. The smaller lot (0.13 acres versus the area average of 0.18) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $69,995 and $340,000. Prices in SMITHVILLE TOWNSITE have fallen 35.4% over the last 6 months. A similar home at 200 Gresham ST, Smithville TX 78957 carries an adjusted comparable value of $282,864, 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