The market data from 7 similar recent sales in BELTERRA points to a value of approximately $684,959. To sell within a reasonable timeframe at fair market value, the $728,000 to $730,000 range is where I'd position this. Against 7 similar active listings in BELTERRA, this price point lands at the 4th most expensive of 7 comparable homes on the market. 7 similar homes are currently available in BELTERRA, creating a balanced market for this price range. In BELTERRA, home values have risen approximately 3% over the past 6 months. One of the strongest data points is 909 Catalina LN, Austin TX 78737, adjusting to $627,628; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
