282 Arrowhead DR, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $216,992. I'd recommend coming to market at $277,000 to $299,000 to strike the right balance between value and market velocity. In the current LAKE THUNDERBIRD market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. Built in 1988, this home is 8 years older than the average comp, which is reflected in the adjustments. The 1.45 acre lot (larger than the 0.29 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in LAKE THUNDERBIRD, listed between $299,000 and $300,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 1301 NE 2nd ST, Smithville TX 78957 nearby adjusts to $315,364; a strong comparable. Based on 7 relevant data points in LAKE THUNDERBIRD, 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