436 Hill RD, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $457,339. I'd recommend coming to market at $531,000 to $535,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in LOMAS, this price positions the property as the most affordable of 3 comparable homes on the market. At 383 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1967, this home is 8 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in LOMAS (a buyer's market), competition is a factor to consider. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 503 Colorado ST, Smithville TX 78957 nearby adjusts to $530,945; with a smaller floor plan. With 7 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