812 Wilkes ST, Smithville TX 78957

After reviewing 3 recent transactions in ALEXANDER, I estimate this property's value at $185,713. A competitive list price for this home right now would fall in the $182,000 to $189,000 range. Buyers shopping in ALEXANDER right now would see this as a well positioned option among 5 comparable homes. The larger lot (0.26 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 5 comparable homes in ALEXANDER; a buyer's market based on recent absorption. Prices in 78957 have fallen 0.8% over the last 6 months. A similar home at 200 Prima ST, Smithville TX 78957 carries an adjusted comparable value of $215,306, providing a strong data point. With 3 comparable sales in ALEXANDER, 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