300 Hill ST, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $245,449. Based on how the local market is moving, a list price between $106,000 and $116,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SMITHVILLE TOWNSITE's current inventory. At 48 years older than typical comps, the 1921 build date influences the valuation. The larger lot (0.94 acres versus the area average of 0.89) contributes to the valuation. Current inventory shows 7 comparable homes in SMITHVILLE TOWNSITE; a buyer's market based on recent absorption. The 6 month price trend in SMITHVILLE TOWNSITE: fallen 35.4%. The best comp here is 304 Washington ST, Smithville TX 78957 at an adjusted value of $170,190, a strong comparable. With 7 comparable sales in SMITHVILLE TOWNSITE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group