501 Bishop ST, Smithville TX 78957

Based on 7 closed sales in BURLESON, the data points to a value around $387,733 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $272,000 to $282,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in BURLESON's current inventory. At 924 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1995 (27 years newer than comps) is factored into the value estimate. The active market in BURLESON includes 7 comparable homes priced from $284,227 to $475,000. Market data shows BURLESON prices fallen 32.1% over the last half year. The closest comparable sale, 103 Turney ST, Smithville TX 78957 at an adjusted $393,242, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus