7 recent sales within a mile of this address suggest a current value of $340,804. My recommended list price range for this property would be $277,000 to $287,000. With 7 comparable homes on the market in SMITHVILLE TOWNSITE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 256 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1910, this home is 56 years older than the average comp, which is reflected in the adjustments. Buyers in SMITHVILLE TOWNSITE have 7 comparable options right now, with asking prices between $284,227 and $475,000. In SMITHVILLE TOWNSITE, home values have risen approximately 45.2% over the past 6 months. One of the strongest data points is 501 Burleson ST, Smithville TX 78957, adjusting to $307,224; with a smaller floor plan. 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