Lots 2-8 Old Upton RD, Smithville TX 78957

The market data from 7 similar recent sales in TOBIN points to a value of approximately $255,814. To sell within a reasonable timeframe at fair market value, the $51,000 to $61,000 range is where I'd position this. In the current TOBIN market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1958 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.79 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 7 similar homes are currently available in TOBIN, creating a buyer's market for this price range. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 602 Olive ST, Smithville TX 78957, adjusting to $258,486; 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