204 Wilkes ST, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $279,550. For a well positioned listing in BYRNE, I'd target the $350,000 to $359,000 range. Against 7 similar active listings in BYRNE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1955 construction puts this home 31 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BYRNE; a buyer's market based on recent absorption. Recent trends in 78957 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 600 Wilkes ST, Smithville TX 78957, with an adjusted value of $238,278; 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