403 4th Ave, Smithville TX 78957

After reviewing 3 recent transactions in MT PLEASANT, I estimate this property's value at $287,493. A competitive list price for this home right now would fall in the $383,000 to $395,000 range. Buyers shopping in MT PLEASANT right now would see this as a well positioned option among 7 comparable homes. At 280 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 3 of the 3 comps lacked one. With 7 similar homes currently listed in MT PLEASANT (a buyer's market), competition is a factor to consider. Prices in 78957 have risen 4% over the last 6 months. A similar home at 507 Ash ST, Smithville TX 78957 carries an adjusted comparable value of $232,841, providing a strong data point. With 3 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