205 Short ST, Smithville TX 78957

The market data from 3 similar recent sales in SMITHVILLE TOWNSITE points to a value of approximately $210,606. To sell within a reasonable timeframe at fair market value, the $70,000 to $80,000 range is where I'd position this. In the current SMITHVILLE TOWNSITE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 246 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SMITHVILLE TOWNSITE; a buyer's market based on recent absorption. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 300 Walker ST, Smithville TX 78957, adjusting to $158,823; a strong comparable. 3 comparable transactions in SMITHVILLE TOWNSITE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group