119 Buffalo RUN, Smithville TX 78957

The market data from 7 similar recent sales in INDIAN LAKE points to a value of approximately $297,504. To sell within a reasonable timeframe at fair market value, the $228,000 to $238,000 range is where I'd position this. In the current INDIAN LAKE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 2009 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.48 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. 4 similar homes are currently available in INDIAN LAKE, creating a buyer's market for this price range. In 78957, home values have risen approximately 4.2% over the past 6 months. One of the strongest data points is 211 Big Bow, Smithville TX 78957, adjusting to $319,791; with a smaller floor plan. 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