138 Wampum, Smithville TX 78957

After reviewing 7 recent transactions in INDIAN LAKE, I estimate this property's value at $294,561. A competitive list price for this home right now would fall in the $155,000 to $165,000 range. This home's position in the current INDIAN LAKE market: the most expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years older than typical comps, the 1976 build date influences the valuation. Right now, 5 similar properties are competing for buyers in INDIAN LAKE, listed between $175,000 and $285,000. Prices in 78957 have risen 4.8% over the last 6 months. A similar home at 417 Big Bow, Smithville TX 78957 carries an adjusted comparable value of $313,214, 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