501 Byrne ST, Smithville TX 78957

Based on 7 closed sales in BYRNE, the data points to a value around $229,419 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $269,000 to $301,000. This home's position in the current BYRNE market: the most affordable of 4 comparable homes on the market among comparable properties. Being built in 1950 (47 years older than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.19 for the typical comp. With 4 similar homes currently listed in BYRNE (a buyer's market), competition is a factor to consider. Market data shows 78957 prices risen 3.9% over the last half year. The closest comparable sale, 1301 NE 2nd ST, Smithville TX 78957 at an adjusted $263,506, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BYRNE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group