407 Marburger ST, Smithville TX 78957

Taking into account 7 nearby comparable sales, this property's estimated value comes to $222,609. If we were to list this property today, I'd recommend a list price in the $274,000 to $282,000 range. This home's position in the current BYRNE market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. At 123 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1983 (7 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in BYRNE; a buyer's market based on recent absorption. The 6 month price trend in 78957: risen 4%. The best comp here is 608 Wilkes ST, Smithville TX 78957 at an adjusted value of $217,702, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BYRNE. 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