119 Deer RUN, Smithville TX 78957

After reviewing 7 recent transactions in INDIAN LAKE, I estimate this property's value at $197,654. A competitive list price for this home right now would fall in the $277,000 to $280,000 range. Buyers shopping in INDIAN LAKE right now would see this as a well positioned option among 3 comparable homes. At 11 years newer than typical comps, the 2009 build date influences the valuation. The smaller lot (0.23 acres versus the area average of 0.37) contributes to the valuation. Right now, 3 similar properties are competing for buyers in INDIAN LAKE, listed between $258,900 and $300,000. Prices in 78957 have risen 4.8% over the last 6 months. A similar home at 106 Pueblo, Smithville TX 78957 carries an adjusted comparable value of $335,577, 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