288 BROKEN TREE LN, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $314,145. I'd recommend coming to market at $369,000 to $383,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78957, this price point stands out as competitive. This home's smaller footprint (443 sqft vs the comp average) plays a role in how the market prices it. Built in 1981, this home is 22 years older 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 4.8% in the past 6 months. 121 Hudson RD, Smithville TX 78957 nearby adjusts to $255,395; a strong comparable. 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