248 Drury LN, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $701,012. For a well positioned listing in BELTERRA, I'd target the $680,000 to $722,000 range. With 3 comparable homes on the market in BELTERRA, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 192 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.50 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. 3 similar homes are currently available in BELTERRA, creating a balanced market for this price range. Recent trends in BELTERRA show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 301 Grafton LN, Austin TX 78737, with an adjusted value of $685,061; with a larger floor plan. 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