706 Mills ST, Smithville TX 78957

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $278,037. I'd recommend coming to market at $272,000 to $284,000 to strike the right balance between value and market velocity. In the current BURLESON market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 18 years newer than the average comp, which is reflected in the adjustments. Buyers in BURLESON have 5 comparable options right now, with asking prices between $285,000 and $425,000. The trend in BURLESON shows prices have fallen 45.9% in the past 6 months. 405 Lynch ST, Smithville TX 78957 nearby adjusts to $234,963; with a smaller floor plan. Based on 7 relevant data points in BURLESON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX