407 Hill ST, Smithville TX 78957

Based on 7 closed sales in 78957, the data points to a value around $158,333 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $87,000 to $97,000. This home's position in the current 78957 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (242 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1964 (19 years older than comps) is factored into the value estimate. 7 similar homes are currently available in 78957, creating a buyer's market for this price range. Market data shows 78957 prices risen 4.8% over the last half year. The closest comparable sale, 304 Washington ST, Smithville TX 78957 at an adjusted $158,809, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78957. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group