505 Burleson ST, Smithville TX 78957

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $349,460. I'd recommend coming to market at $380,000 to $381,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in BURLESON. This home's smaller footprint (229 sqft vs the comp average) plays a role in how the market prices it. Built in 1932, this home is 18 years older than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in BURLESON, ranging from $329,950 to $389,999. The trend in BURLESON shows prices have risen 79.8% in the past 6 months. 406 Garwood ST, Smithville TX 78957 nearby adjusts to $285,128; with a smaller floor plan. Based on 7 relevant data points in BURLESON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX