lot 241 Chickasaw, Smithville TX 78957

Based on 4 closed sales in INDIAN LAKE, the data points to a value around $223,645 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $106,000 to $116,000. This home's position in the current INDIAN LAKE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1984 (25 years older than comps) is factored into the value estimate. The strength of this estimate comes from 4 directly comparable sales in INDIAN LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group