700 Garwood ST, Smithville TX 78957

The market data from 7 similar recent sales in LOMAS points to a value of approximately $286,908. To sell within a reasonable timeframe at fair market value, the $344,000 to $359,000 range is where I'd position this. Among the similar homes currently available in LOMAS, this price point stands out as competitive. The 1935 construction puts this home 60 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is smaller than the 0.37 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LOMAS, listed between $284,999 and $366,000. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 707 Bishop ST, Smithville TX 78957, adjusting to $335,473; a strong comparable. 7 comparable transactions in LOMAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group