275 Monarch LN, Austin TX 78737

After reviewing 7 recent transactions in BELTERRA, I estimate this property's value at $717,641. A competitive list price for this home right now would fall in the $744,000 to $749,000 range. This would position the home competitively among 3 active listings in BELTERRA. The larger lot (0.41 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 3 comparable homes in BELTERRA; a balanced market based on recent absorption. Prices in BELTERRA have fallen 9.6% over the last 6 months. A similar home at 170 Brighton LN, Austin TX 78737 carries an adjusted comparable value of $789,092, providing a strong data point. The comp data here (7 sales in BELTERRA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus