122 Peace Pipe, Smithville TX 78957

My analysis of 7 comparable properties puts this home's estimated value at $224,932. Based on how the local market is moving, a list price between $80,000 and $90,000 would position this home well. This would position the home competitively among 2 active listings in INDIAN LAKE. This home's smaller footprint (463 sqft vs the comp average) plays a role in how the market prices it. At 19 years older than typical comps, the 1985 build date influences the valuation. There are currently 2 similar homes on the market in INDIAN LAKE, ranging from $100,000 to $165,000. The 6 month price trend in 78957: risen 4.8%. The best comp here is 167 Deer RUN, Smithville TX 78957 at an adjusted value of $211,964, a strong comparable. 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