Let $F$ be a totally real number field and let $f$ be a classical cuspidal $p$-regular Hilbert modular eigenform over $F$ of parallel weight $1$. Let $x$ be the point on the $p$-adic Hilbert eigenvariety $\mathcal E$ corresponding to an ordinary $p$-stabilization of $f$. We show that if the $p$-adic Schanuel Conjecture is true, then $\mathcal E$ is smooth at $x$ if $f$ has CM. If we additionally assume that $F/\mathbb Q$ is Galois, we show that the weight map is étale at $x$ if $f$ has either CM or exotic projective image (which is the case for almost all cuspidal Hilbert modular eigenforms of parallel weight $1$). We prove these results by showing that the completed local ring of the eigenvariety at $x$ is isomorphic to a universal nearly ordinary Galois deformation ring.