207 Gresham ST, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $315,682. For a well positioned listing in SMITHVILLE TOWNSITE, I'd target the $535,000 to $540,000 range. Against 4 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the most affordable of 4 comparable homes on the market. At 1,023 sqft larger than the typical comp, the size difference factors into the valuation. The 1895 construction puts this home 60 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $419,000 and $699,000. Recent trends in SMITHVILLE TOWNSITE show home values have fallen 35.4% since 6 months ago. The most comparable recent sale is 106 Hudgins ST, Smithville TX 78957, with an adjusted value of $255,000; with a smaller floor plan. 7 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