207 Olive ST, Smithville TX 78957

The market data from 7 similar recent sales in SMITHVILLE TOWNSITE points to a value of approximately $195,046. To sell within a reasonable timeframe at fair market value, the $95,000 to $105,000 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. This home's smaller footprint (246 sqft vs the comp average) plays a role in how the market prices it. The 1939 construction puts this home 21 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $99,000 and $425,000. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 202 PRIMA ST # A, Smithville TX 78957, adjusting to $295,700; a strong comparable. 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