396 Big Bow, Smithville TX 78957

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $277,969. To generate strong buyer interest while maximizing value, I'd price this between $191,000 and $201,000. With 3 comparable homes on the market in INDIAN LAKE, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (128 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1978 construction puts this home 21 years older than the comp average, a factor in the pricing. The active market in INDIAN LAKE includes 3 comparable homes priced from $209,000 to $300,000. The trend in 78957 shows prices have risen 4.8% in the past 6 months. 417 Big Bow, Smithville TX 78957 nearby adjusts to $283,626; with a larger floor plan. 7 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