209 SHADE ST, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $240,225. For a well positioned listing in TOBIN, I'd target the $329,000 to $331,000 range. Against 7 similar active listings in TOBIN, this price point lands at the most affordable of 7 comparable homes on the market. The 179 sqft size difference versus comparable sales is reflected in the adjusted values. The 2016 construction puts this home 7 years older than the comp average, a factor in the pricing. The active market in TOBIN includes 7 comparable homes priced from $311,244 to $363,858. Recent trends in 78957 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 300 Walker ST, Smithville TX 78957, with an adjusted value of $176,745; 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