268 Arrowhead DR, Smithville TX 78957

The estimated value of this property is $279,343, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $199,000 and $209,000. Against 2 similar active listings in LAKE THUNDERBIRD, this price point lands at the most expensive of 2 comparable homes on the market. Built in 2022, this home is 12 years newer than the average comp, which is reflected in the adjustments. The 1.53 acre lot (larger than the 0.41 acre average) is reflected in the estimate. With 2 similar homes currently listed in LAKE THUNDERBIRD (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 127 Chippewa TRL, Smithville TX 78957, with an adjusted value of $197,321; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group