321 Monarch LN, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $764,830. For a well positioned listing in BELTERRA, I'd target the $827,000 to $829,000 range. In the current BELTERRA market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in BELTERRA, ranging from $799,000 to $1,200,000. Recent trends in BELTERRA show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 175 Empire CT, Austin TX 78737, with an adjusted value of $782,023; with a smaller 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