209 2nd Ave, Smithville TX 78957

The market data from 7 similar recent sales in MT PLEASANT points to a value of approximately $190,501. To sell within a reasonable timeframe at fair market value, the $84,000 to $94,000 range is where I'd position this. 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 MT PLEASANT. Being 392 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1950 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in MT PLEASANT; a buyer's market based on recent absorption. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 503 Hill ST, Smithville TX 78957, adjusting to $99,006; a strong comparable. 7 comparable transactions in MT PLEASANT 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