265 Klbj RD, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $244,250. For a well positioned listing in 78957, I'd target the $86,000 to $96,000 range. With 4 comparable homes on the market in 78957, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (306 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.14 acres, the lot is smaller than the 2.00 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78957, listed between $99,000 and $400,000. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 110 Kiowa DR, Smithville TX 78957, with an adjusted value of $136,550; 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