404 Burleson ST, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $215,516. For a well positioned listing in SMITHVILLE TOWNSITE, I'd target the $274,000 to $279,000 range. Against 7 similar active listings in SMITHVILLE TOWNSITE, this price point lands at the most affordable of 7 comparable homes on the market. The 1965 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in SMITHVILLE TOWNSITE (a buyer's market), competition is a factor to consider. Recent trends in SMITHVILLE TOWNSITE show home values have risen 45.2% since 6 months ago. The most comparable recent sale is 302 Washington ST, Smithville TX 78957, with an adjusted value of $111,720; with a smaller floor plan. 3 comparable transactions in SMITHVILLE TOWNSITE 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