505 Byrne ST, Smithville TX 78957

The comparable sales data (7 recent transactions in BYRNE) supports an estimated value of $242,172. The data suggests a list price between $314,000 and $319,000 would attract qualified buyers without leaving money on the table. This home's position in the current BYRNE market: the most affordable of 7 comparable homes on the market among comparable properties. At 133 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1956 (32 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in BYRNE; a buyer's market based on recent absorption. Prices in 78957 have risen 3.7% over the last 6 months. A similar home at 800 Wilkes ST, Smithville TX 78957 carries an adjusted comparable value of $268,468, providing a strong data point. 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