321 Seneca DR, Austin TX 78737

The market data from 6 similar recent sales in BELTERRA points to a value of approximately $1,086,661. To sell within a reasonable timeframe at fair market value, the $1,049,000 to $1,124,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in BELTERRA. At 664 sqft larger than the typical comp, the size difference factors into the valuation. At 0.38 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. With 3 similar homes currently listed in BELTERRA (a balanced market), competition is a factor to consider. In BELTERRA, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 685 Naples LN, Austin TX 78737, adjusting to $1,028,324; with a smaller floor plan. 6 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