1409 Wallace ST, Taylor TX 76574

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $180,473. Pricing this home between $131,000 and $141,000 would put it in the competitive sweet spot for SMITH W. Relative to what's currently available in SMITH W, this home would be the 3rd least expensive of 7 comparable homes on the market. The 494 sqft size difference versus comparable sales is reflected in the adjusted values. At 17 years older than typical comps, the 1955 build date influences the valuation. Current inventory shows 7 comparable homes in SMITH W; a buyer's market based on recent absorption. Market data shows 76574 prices fallen 0.7% over the last half year. The closest comparable sale, 1701 W 7th ST, Taylor TX 76574 at an adjusted $235,557, is a strong comparable. With 7 comparable sales in SMITH W, 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