506 Short ST, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $247,021. Based on how the local market is moving, a list price between $97,000 and $107,000 would position this home well. Relative to what's currently available in 78957, this home would be the 3rd most expensive of 7 comparable homes on the market. The 244 sqft size difference versus comparable sales is reflected in the adjusted values. At 37 years older than typical comps, the 1921 build date influences the valuation. With 7 similar homes currently listed in 78957 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78957: risen 4.8%. The best comp here is 602 Olive ST, Smithville TX 78957 at an adjusted value of $207,303, a strong comparable. The comp data here (7 sales in 78957) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus