107 Chief, Smithville TX 78957

After reviewing 7 recent transactions in INDIAN LAKE, I estimate this property's value at $317,779. A competitive list price for this home right now would fall in the $155,000 to $165,000 range. Buyers shopping in INDIAN LAKE right now would see this as a well positioned option among 6 comparable homes. This home's larger footprint (280 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 1998 build date influences the valuation. There are currently 6 similar homes on the market in INDIAN LAKE, ranging from $175,000 to $310,000. Prices in 78957 have risen 4.8% over the last 6 months. A similar home at 417 Big Bow, Smithville TX 78957 carries an adjusted comparable value of $365,299, providing a strong data point. The comp data here (7 sales in INDIAN LAKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus