447 Big Bow, Smithville TX 78957

The estimated value of this property is $382,686, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $204,000 and $214,000. Against 2 similar active listings in INDIAN LAKE, this price point lands at the 0th most expensive of 2 comparable homes on the market. The 517 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2021, this home is 19 years newer than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in INDIAN LAKE, listed between $189,000 and $350,000. Recent trends in 78957 show home values have risen 0.8% since 6 months ago. The most comparable recent sale is 159 Big Bow DR, Smithville TX 78957, with an adjusted value of $172,974; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group