101 Laguna DR, Smithville TX 78957

After reviewing 7 recent transactions in INDIAN LAKE, I estimate this property's value at $317,964. A competitive list price for this home right now would fall in the $270,000 to $280,000 range. Buyers shopping in INDIAN LAKE right now would see this as a well positioned option among 4 comparable homes. At 19 years older than typical comps, the 1976 build date influences the valuation. The larger lot (0.34 acres versus the area average of 0.20) contributes to the valuation. The active market in INDIAN LAKE includes 4 comparable homes priced from $249,000 to $300,000. Prices in 78957 have risen 3% over the last 6 months. A similar home at 307 String Prairie WAY, Smithville TX 78957 carries an adjusted comparable value of $294,913, providing a strong data point. With 7 comparable sales in INDIAN LAKE, 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