Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $213,422. To generate strong buyer interest while maximizing value, I'd price this between $241,000 and $252,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in BYRNE. At 556 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 12 years older than the comp average, a factor in the pricing. The active market in BYRNE includes 4 comparable homes priced from $178,500 to $269,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 408 Whitehead ST, Smithville TX 78957 nearby adjusts to $193,960; 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