277 Big Bow, Smithville TX 78957

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $263,716. Pricing this home between $294,000 and $334,000 would put it in the competitive sweet spot for INDIAN LAKE. This home's position in the current INDIAN LAKE market: the most affordable of 3 comparable homes on the market among comparable properties. At 36 years older than typical comps, the 1973 build date influences the valuation. The larger lot (0.46 acres versus the area average of 0.36) contributes to the valuation. The active market in INDIAN LAKE includes 3 comparable homes priced from $249,000 to $300,000. Market data shows 78957 prices risen 3.1% over the last half year. The closest comparable sale, 1418 NE 7th ST, Smithville TX 78957 at an adjusted $255,899, is a strong comparable. 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