111 Chief, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $286,579. Based on how the local market is moving, a list price between $147,000 and $157,000 would position this home well. Relative to what's currently available in INDIAN LAKE, this home would be the most expensive of 5 comparable homes on the market. Being 363 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.45 acres versus the area average of 0.41) contributes to the valuation. Right now, 5 similar properties are competing for buyers in INDIAN LAKE, listed between $175,000 and $285,000. The 6 month price trend in 78957: risen 4.8%. The best comp here is 106 Pueblo, Smithville TX 78957 at an adjusted value of $402,246, with a smaller floor plan. 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