400 3rd Ave, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $243,171. Based on how the local market is moving, a list price between $199,000 and $209,000 would position this home well. This would position the home competitively among 6 active listings in MT PLEASANT. At 107 years older than typical comps, the 1885 build date influences the valuation. The larger lot (2.23 acres versus the area average of 0.48) contributes to the valuation. Current inventory shows 6 comparable homes in MT PLEASANT; a buyer's market based on recent absorption. The 6 month price trend in 78957: risen 3.8%. The best comp here is 304 Washington ST, Smithville TX 78957 at an adjusted value of $168,711, a strong comparable. With 7 comparable sales in MT PLEASANT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group