Based on 7 closed sales in 78957, the data points to a value around $275,605 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $354,000 to $367,000. This would position the home competitively among 7 active listings in 78957. Being built in 1961 (36 years older than comps) is factored into the value estimate. Lot size matters here: 0.19 acres versus 0.38 for the typical comp. There are currently 7 similar homes on the market in 78957, ranging from $277,000 to $379,500. Market data shows 78957 prices risen 4.8% over the last half year. The closest comparable sale, 600 Wilkes ST, Smithville TX 78957 at an adjusted $250,114, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78957. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group