402 Garwood ST, Smithville TX 78957

The market data from 7 similar recent sales in BURLESON points to a value of approximately $367,849. To sell within a reasonable timeframe at fair market value, the $376,000 to $409,000 range is where I'd position this. In the current BURLESON market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (128 sqft vs the comp average) plays a role in how the market prices it. The 1953 construction puts this home 9 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in BURLESON, creating a buyer's market for this price range. In BURLESON, home values have risen approximately 79.8% over the past 6 months. One of the strongest data points is 106 Hudgins ST, Smithville TX 78957, adjusting to $272,570; with a smaller floor plan. 7 comparable transactions in BURLESON 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