504 Hickory ST, Smithville TX 78957

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $235,548. I'd recommend coming to market at $257,000 to $262,000 to strike the right balance between value and market velocity. In the current MT PLEASANT market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1986, this home is 20 years newer than the average comp, which is reflected in the adjustments. Buyers in MT PLEASANT have 3 comparable options right now, with asking prices between $225,000 and $299,900. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 608 Wilkes ST, Smithville TX 78957 nearby adjusts to $222,080; a strong comparable. With 7 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