606 Main ST, Smithville TX 78957

Based on 7 closed sales in BURLESON, the data points to a value around $307,750 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $349,000 to $371,000. Buyers shopping in BURLESON right now would see this as a well positioned option among 3 comparable homes. Being built in 1930 (63 years older than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.24 for the typical comp. Current inventory shows 3 comparable homes in BURLESON; a buyer's market based on recent absorption. Market data shows BURLESON prices risen 79.8% over the last half year. The closest comparable sale, 406 Garwood ST, Smithville TX 78957 at an adjusted $279,584, is with a smaller floor plan. 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