500 Leah LN # A, Smithville TX 78957

The market data from 7 similar recent sales in OAK MEADOW points to a value of approximately $270,891. To sell within a reasonable timeframe at fair market value, the $265,000 to $276,000 range is where I'd position this. In the current OAK MEADOW market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2001 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.12 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Buyers in OAK MEADOW have 7 comparable options right now, with asking prices between $219,333 and $299,900. In 78957, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 405 Lynch ST, Smithville TX 78957, adjusting to $225,020; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group