155 Mendocino LN, Austin TX 78737

My analysis of 7 comparable properties puts this home's estimated value at $635,470. Based on how the local market is moving, a list price between $549,000 and $559,000 would position this home well. Relative to what's currently available in BELTERRA, this home would be the 4th most expensive of 7 comparable homes on the market. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. With 7 similar homes currently listed in BELTERRA (a balanced market), competition is a factor to consider. The 6 month price trend in BELTERRA: risen 3%. The best comp here is 138 Challis CT, Austin TX 78737 at an adjusted value of $621,616, a strong comparable. The comp data here (7 sales in BELTERRA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus