Smith Robinson Signature Group

Your Home Summary

431 S Idaho Ave  ·  Sugar City, Idaho
PREPARED APRIL 2026  ·  FOR YOUR REVIEW
What Your Home Is Worth

We think a fair list price is right around $405,000.

We looked at three homes very similar to yours that just sold in the area. After adjusting for size differences, here's where your home lands:

$405,000
Our Recommendation
$402K – $407K
Fair Price Range
$392,810
Neighborhood Median

Your home is a little smaller than the three we compared to — 1,420 square feet vs. their average of 1,630. That's the main reason our number is a touch under theirs. Even so, you're in strong company.

The Three Homes We Compared

How your home stacks up.

These three recently sold in Rexburg within the last few months. All are 3-bedroom, 2-bath homes built in the last few years — just like yours.

1
630 S 2275 W, Rexburg
1,600 sq ft  ·  Built 2023  ·  On market 66 days
$431,900Sold Mar 2026
2
684 S 2315 W, Rexburg
1,649 sq ft  ·  Built 2025  ·  On market 99 days
$434,900Sold Jan 2026
3
2400 W, Rexburg
1,642 sq ft  ·  Built 2023  ·  On market just 6 days
$430,000Sold Jan 2026
What This Means

Homes like yours are selling for between $430,000 and $435,000. After adjusting for the fact that yours is about 200 square feet smaller, we arrive at our $405,000 recommendation.

The Bottom Line

Here's what you'd walk away with.

If we sell your home for around $400,000, after all the costs of selling, the check you'd take home is about:

Your Estimated Take-Home
$376,706
Based on a $400,000 sale price with no mortgage to pay off.
In Plain English

Think of it this way — out of every $100 the buyer pays, you keep about $94. The other $6 covers title work, recording, real estate commissions, and a small property tax credit to the buyer.

Where Your Money Goes

A simple look at the numbers.

No surprises here. This is exactly what happens when your home sells at $400,000.

Sale Price
$400,000
Listing agent commissionSmith Robinson Signature Group (our side)
– $10,000
Buyer's agent commissionPaid to the agent who brings the buyer
– $10,000
Title insuranceProtects the buyer's ownership
– $1,623
Property tax creditYour share through closing day
– $976
Escrow feeThe title company's fee to handle the closing
– $650
Recording & processingCounty filing and paperwork
– $45
Mortgage payoffYou own it free and clear — nothing owed!
$0
Your Take-Home
$376,706
Good News

Because your home is paid off, every dollar above your closing costs goes straight to you. No mortgage to pay off, no prepayment penalties. Just a check.

The Market Right Now

The market is shifting — and that's why now matters.

Madison County has been good to homeowners — values are up 6% over the last 12 months. But the signs ahead suggest that momentum is slowing. Here's an honest picture of what's happening.

A Shifting Market — Favor Is Moving Toward Buyers
Forecasts for Madison County call for a modest price decline of about 3.9% over the next year. On a $405,000 home, that's roughly $16,000 of equity that could quietly disappear if you wait.
Home Price Momentum
37 / 100
Declining Balanced Rising
+6.0%
Home values, past 12 months
−3.9%
Forecast for next 12 months
43 days
Average time to get an offer

Five signals we're watching.

These are the five indicators that drive the market momentum forecast — and what each one is saying about Madison County today.

Recent Price Growth
+6.0% in the last year
The past year has been positive for sellers. Prices rose steadily.
Inventory (Homes for Sale)
95% above normal
There are nearly twice as many homes for sale as usual. More competition for your listing.
Sellers Cutting Prices
9% more than normal
Other sellers are dropping their asking prices more often — a sign the market is cooling.
Days on the Market
43 days — faster than normal
Homes that are priced right still sell quickly. Good news for a well-prepared listing.
Mortgage Rates for Buyers
~6.38% — still elevated
High interest rates are keeping some buyers on the sidelines, which puts gentle downward pressure on prices.
What This Means for You

The market isn't collapsing — homes are still selling. But the wind is starting to blow the other direction. Listing now, while values are still at their peak and buyers are actively shopping, is very different from listing into a softer market six or twelve months from now. That's why we'd move sooner rather than later.

What Happens Next

A simple, step-by-step path — whenever you're ready.

1
Value & Net Sheet
You are here
2
Sign & Prepare
When you're ready
3
We List Your Home
~1 week after that
4
Offer & Closing
At your pace

There's no clock ticking here. Take all the time you need. When you're ready to talk, or if you just have a question, we'll walk you through every step — one at a time. You will always know exactly what comes next, and nothing happens without your say-so.