803 Bishop, Smithville TX 78957

After reviewing 7 recent transactions in BAKER, I estimate this property's value at $306,615. A competitive list price for this home right now would fall in the $256,000 to $266,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in BAKER's current inventory. The smaller lot (0.13 acres versus the area average of 0.50) contributes to the valuation. With 7 similar homes currently listed in BAKER (a buyer's market), competition is a factor to consider. Prices in 78957 have risen 0.4% over the last 6 months. A similar home at 910 Garwood ST, Smithville TX 78957 carries an adjusted comparable value of $300,226, providing a strong data point. With 7 comparable sales in BAKER, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group