7 recent sales in the surrounding area of this address suggest a current value of $353,049. My recommended list price range for this property would be $189,000 to $199,000. Against 4 similar active listings in INDIAN LAKE, this price point lands at the most expensive of 4 comparable homes on the market. The larger floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1978, this home is 32 years older than the average comp, which is reflected in the adjustments. Buyers in INDIAN LAKE have 4 comparable options right now, with asking prices between $179,000 and $310,000. In 78957, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 417 Big Bow, Smithville TX 78957, adjusting to $393,801; with a smaller floor plan. Based on 7 relevant data points in INDIAN LAKE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX