1103 Belmont PKWY, Austin TX 78703

The market data from 7 similar recent sales in BELMONT points to a value of approximately $1,601,979. To sell within a reasonable timeframe at fair market value, the $1,387,000 to $1,397,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in BELMONT. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 1965 construction puts this home 40 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in BELMONT (a buyer's market), competition is a factor to consider. In 78703, home values have risen approximately 5.6% over the past 6 months. One of the strongest data points is 4204 Wayfarer WAY, Austin TX 78731, adjusting to $1,688,662; with no pool. 7 comparable transactions in BELMONT 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