Rawi -
There are a lot of other factors that go into giving a fair evaluation of a property other than what you've given above. I'm actually an agent in Columbia and service the 65202 area code. If you would like to contact me I can give you a FREE current market analysis of the property if I can view it and supply you with comparable properties that have sold in that area. Would love to help you.
Trisha Lee REMAX Boone Realty, Columbia MO
573.999.1000 (cell)
573.876.2897 (office)
TrishaLee@Remax.net (email)

Yes, there are certainly lots of variables that go into pricing a home. The only way to come up with a good estimated of the homes worth it to look at the property. But, CMA's can give you a place to start.

there's a lot of other things that go into it, including condition, size of the home, number of bathrooms, updates, other amenities, etc. You really need to have someone come out and look at it in person to get a really good idea.

Did a CMA on what little information you gave and came up with $209,750. High was $255,000 and low was $164,000. Based on acreage, # of bedrooms and age of home.