7 recent sales within half a mile of this address suggest a current value of $366,572. My recommended list price range for this property would be $463,000 to $482,000. With 5 comparable homes on the market in SMITHVILLE TOWNSITE, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 307 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1910, this home is 55 years older than the average comp, which is reflected in the adjustments. Buyers in SMITHVILLE TOWNSITE have 5 comparable options right now, with asking prices between $309,000 and $920,000. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 306 GRESHAM ST, Smithville TX 78957, adjusting to $507,237; with a smaller floor plan and a pool. Based on 7 relevant data points in SMITHVILLE TOWNSITE, 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