7 recent sales within a mile of this address suggest a current value of $297,833. My recommended list price range for this property would be $371,000 to $384,000. Against 7 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the most affordable of 7 comparable homes on the market. Built in 1971, this home is 17 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $277,000 and $379,500. In SMITHVILLE TOWNSITE, home values have fallen approximately 35.4% over the past 6 months. One of the strongest data points is 307 Gresham ST, Smithville TX 78957, adjusting to $320,000; 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