129 Chickasaw, Smithville TX 78957

Reviewing the most recent comparable transactions, this home's market value falls around $236,430. For a well positioned listing in INDIAN LAKE, I'd target the $268,000 to $293,000 range. In the current INDIAN LAKE market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 1978 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is smaller than the 1.01 acre comp average, which factors into pricing. With 2 similar homes currently listed in INDIAN LAKE (a buyer's market), competition is a factor to consider. Recent trends in 78957 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 159 Big Bow DR, Smithville TX 78957, with an adjusted value of $140,160; with a smaller floor plan. 7 comparable transactions in INDIAN LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group