503 Byrne ST, Smithville TX 78957

The estimated value of this property is $310,800, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $71,000 and $81,000. With 3 comparable homes on the market in BYRNE, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (131 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in BYRNE (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 200 Gresham ST, Smithville TX 78957, with an adjusted value of $296,860; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group