707 NE 1st ST, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $409,161. Based on how the local market is moving, a list price between $278,000 and $288,000 would position this home well. This would position the home competitively among 5 active listings in BURLESON. At 43 years older than typical comps, the 1918 build date influences the valuation. The smaller lot (0.20 acres versus the area average of 0.88) contributes to the valuation. 5 similar homes are currently available in BURLESON, creating a buyer's market for this price range. The 6 month price trend in BURLESON: fallen 32.1%. The best comp here is 107 Les LN, Smithville TX 78957 at an adjusted value of $488,815, a strong comparable. The comp data here (7 sales in BURLESON) 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