408 Marburger ST, Smithville TX 78957

Based on 3 closed sales in BYRNE, the data points to a value around $261,034 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $90,000 to $100,000. This home's position in the current BYRNE market: the most expensive of 4 comparable homes on the market among comparable properties. Being built in 1950 (7 years newer than comps) is factored into the value estimate. Lot size matters here: 0.31 acres versus 0.17 for the typical comp. Current inventory shows 4 comparable homes in BYRNE; a buyer's market based on recent absorption. Market data shows 78957 prices risen 4.8% over the last half year. The closest comparable sale, 408 Whitehead ST, Smithville TX 78957 at an adjusted $219,625, is with a smaller floor plan. The strength of this estimate comes from 3 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