161 Kensington LN, Austin TX 78737

The market data from 5 similar recent sales in BELTERRA points to a value of approximately $590,888. To sell within a reasonable timeframe at fair market value, the $644,000 to $646,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in BELTERRA. The 188 sqft size difference versus comparable sales is reflected in the adjusted values. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in BELTERRA, listed between $539,000 and $694,900. In BELTERRA, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 420 Manchester LN, Austin TX 78737, adjusting to $556,429; with a pool. 5 comparable transactions in BELTERRA 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