407 Hill ST, Smithville TX 78957

Based on 7 closed sales in BURLESON BLK, the data points to a value around $239,726 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $163,000 to $173,000. This home's position in the current BURLESON BLK market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. The smaller floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1964 (6 years older than comps) is factored into the value estimate. 6 similar homes are currently available in BURLESON BLK, creating a buyer's market for this price range. Market data shows 78957 prices risen 3.1% over the last half year. The closest comparable sale, 317 Webb ST, Smithville TX 78957 at an adjusted $199,985, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in BURLESON BLK. 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