220 Monarch LN, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $879,640. For a well positioned listing in BELTERRA, I'd target the $921,000 to $927,000 range. Against 3 similar active listings in BELTERRA, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (234 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.42 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BELTERRA; a balanced market based on recent absorption. Recent trends in BELTERRA show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 136 Eaton LN, Austin TX 78737, with an adjusted value of $853,012; with a larger floor plan. 7 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