111 Sundance, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $278,860. For a well positioned listing in INDIAN LAKE, I'd target the $144,000 to $154,000 range. In the current INDIAN LAKE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 194 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.12 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in INDIAN LAKE, listed between $159,990 and $274,950. Recent trends in 78957 show home values have risen 3.1% since 6 months ago. The most comparable recent sale is 184 Arrowhead DR, Smithville TX 78957, with an adjusted value of $186,141; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group