308 Lee ST, Smithville TX 78957

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $245,188. I'd recommend coming to market at $192,000 to $202,000 to strike the right balance between value and market velocity. Against 2 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the 0th most expensive of 2 comparable homes on the market. At 207 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1935, this home is 5 years newer than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in SMITHVILLE TOWNSITE, creating a buyer's market for this price range. The trend in SMITHVILLE TOWNSITE shows prices have fallen 43% in the past 6 months. 202 PRIMA ST # A, Smithville TX 78957 nearby adjusts to $302,694; with a larger floor plan. With 3 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