368 Hill RD, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $341,953. For a well positioned listing in 78957, I'd target the $274,000 to $284,000 range. In the current 78957 market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 229 sqft larger than the typical comp, the size difference factors into the valuation. The 1958 construction puts this home 39 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in 78957; a buyer's market based on recent absorption. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 407 4th Ave, Smithville TX 78957, with an adjusted value of $294,450; with a smaller floor plan and a pool. 7 comparable transactions in 78957 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group