Based on 5 closed sales in BELVEDERE, the data points to a value around $1,435,591 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,393,000 to $1,479,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in BELVEDERE's current inventory. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.25 acres versus 1.17 for the typical comp. Buyers in BELVEDERE have 3 comparable options right now, with asking prices between $1,650,000 and $1,975,000. Market data shows BELVEDERE prices risen 34.8% over the last half year. The closest comparable sale, 8716 Bellancia DR, Austin TX 78738 at an adjusted $1,732,959, is with a smaller floor plan and a pool. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus