507 Olive ST, Smithville TX 78957

Taking into account 7 nearby comparable sales, this property's estimated value comes to $245,058. If we were to list this property today, I'd recommend a list price in the $93,000 to $103,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in BURLESON's current inventory. The smaller floor plan (282 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1933 (25 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in BURLESON (a buyer's market), competition is a factor to consider. The 6 month price trend in BURLESON: risen 79.8%. The best comp here is 602 Olive ST, Smithville TX 78957 at an adjusted value of $208,907, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BURLESON. 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