The market data from 7 similar recent sales in BELTERRA points to a value of approximately $673,073. To sell within a reasonable timeframe at fair market value, the $724,000 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. Right now, 7 similar properties are competing for buyers in BELTERRA, listed between $649,000 and $895,000. In BELTERRA, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 220 Grafton LN, Austin TX 78737, adjusting to $681,463; 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