Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $631,095. I'd recommend coming to market at $657,000 to $663,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BELTERRA. Built in 2004, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in BELTERRA includes 7 comparable homes priced from $612,000 to $749,900. The trend in BELTERRA shows prices have risen 1.9% in the past 6 months. 140 Stratton CT, Austin TX 78737 nearby adjusts to $691,619; with a smaller floor plan. Based on 7 relevant data points in BELTERRA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX