278 Alum Creek RD, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $407,674. I'd recommend coming to market at $235,000 to $245,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78957, this price positions the property as the most expensive of 2 comparable homes on the market. This home's smaller footprint (1,040 sqft vs the comp average) plays a role in how the market prices it. Built in 1979, this home is 29 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in 78957, creating a buyer's market for this price range. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 235 Antioch RD, Paige TX 78659 nearby adjusts to $487,188; 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