450 Highway 71 W, Smithville TX 78957

The estimated value of this property is $278,826, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $320,000 and $394,000. With 4 comparable homes on the market in 78957, this price positions the property as the most affordable of 4 comparable homes on the market. Built in 1931, this home is 64 years older than the average comp, which is reflected in the adjustments. The 3.32 acre lot (larger than the 0.91 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in 78957, ranging from $290,000 to $450,000. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 300 Walker ST, Smithville TX 78957, with an adjusted value of $182,010; a strong comparable. Based on 7 relevant data points in 78957, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX