202 Willis LN, Smithville TX 78957

The market data from 4 similar recent sales in INDIAN LAKE points to a value of approximately $292,590. To sell within a reasonable timeframe at fair market value, the $141,000 to $151,000 range is where I'd position this. With 4 comparable homes on the market in INDIAN LAKE, this price positions the property as the most expensive of 4 comparable homes on the market. This home's larger footprint (418 sqft vs the comp average) plays a role in how the market prices it. The 1970 construction puts this home 39 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in INDIAN LAKE, ranging from $175,000 to $285,000. 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 $336,006; a strong comparable. 4 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