111 Sundance, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $305,971. For a well positioned listing in INDIAN LAKE, I'd target the $161,000 to $171,000 range. In the current INDIAN LAKE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 179 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2009 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in INDIAN LAKE, listed between $175,000 and $285,000. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 106 Pueblo, Smithville TX 78957, with an adjusted value of $380,020; 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