407 Turney ST, Smithville TX 78957

The estimated value of this property is $427,211, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $405,000 and $406,000. With 4 comparable homes on the market in BURLESON, this price positions the property as the most expensive of 4 comparable homes on the market. At 109 sqft larger than the typical comp, the size difference factors into the valuation. The 0.31 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in BURLESON; a buyer's market based on recent absorption. Recent trends in BURLESON show home values have risen 79.8% since 6 months ago. The most comparable recent sale is 406 Garwood ST, Smithville TX 78957, with an adjusted value of $313,860; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group