334 Big Bow, Smithville TX 78957

The market data from 7 similar recent sales in INDIAN LAKE points to a value of approximately $318,756. To sell within a reasonable timeframe at fair market value, the $258,000 to $268,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in INDIAN LAKE. At 0.75 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. 3 similar homes are currently available in INDIAN LAKE, creating a buyer's market for this price range. In 78957, home values have risen approximately 3.8% over the past 6 months. One of the strongest data points is 106 Pueblo, Smithville TX 78957, adjusting to $391,404; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group