125 Deer RUN, Smithville TX 78957

After reviewing 7 recent transactions in INDIAN LAKE, I estimate this property's value at $267,721. A competitive list price for this home right now would fall in the $289,000 to $319,000 range. This pricing would rank the home as the most affordable of 2 comparable homes on the market in INDIAN LAKE's current inventory. At 15 years newer than typical comps, the 2009 build date influences the valuation. The smaller lot (0.37 acres versus the area average of 1.02) contributes to the valuation. 2 similar homes are currently available in INDIAN LAKE, creating a buyer's market for this price range. Prices in 78957 have risen 1.3% over the last 6 months. A similar home at 106 Pueblo, Smithville TX 78957 carries an adjusted comparable value of $339,225, providing a strong data point. With 7 comparable sales in INDIAN LAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group