246 Big Bow, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $298,536. I'd recommend coming to market at $194,000 to $204,000 to strike the right balance between value and market velocity. At this price, the property would be the 0th most expensive of 2 comparable homes on the market comparable homes currently on the market in 78957. Being 188 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 10 years newer than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in 78957 (a buyer's market), competition is a factor to consider. The trend in 78957 shows prices have risen 3.2% in the past 6 months. 1147 Fm 153 # B, Smithville TX 78957 nearby adjusts to $423,220; a strong comparable. Based on 7 relevant data points in 78957, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX