500 Gresham ST, Smithville TX 78957

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $242,208. Pricing this home between $108,000 and $118,000 would put it in the competitive sweet spot for SMITHVILLE TOWNSITE. Relative to what's currently available in SMITHVILLE TOWNSITE, this home would be the most expensive of 3 comparable homes on the market. Being 309 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 19 years older than typical comps, the 1935 build date influences the valuation. With 3 similar homes currently listed in SMITHVILLE TOWNSITE (a buyer's market), competition is a factor to consider. Market data shows SMITHVILLE TOWNSITE prices fallen 35.4% over the last half year. The closest comparable sale, 304 Washington ST, Smithville TX 78957 at an adjusted $162,813, is a strong comparable. The comp data here (7 sales in SMITHVILLE TOWNSITE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus