Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $289,904. To generate strong buyer interest while maximizing value, I'd price this between $365,000 and $368,000. With 7 comparable homes on the market in BAKER, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1975 construction puts this home 32 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in BAKER, ranging from $277,000 to $550,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 117 Callie ST, Smithville TX 78957 nearby adjusts to $259,205; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group