3900 Belmont Stables LN, Austin TX 78728

After reviewing 7 recent transactions in RACEWAY SINGLE FAMILY SUB SEC, I estimate this property's value at $491,225. A competitive list price for this home right now would fall in the $476,000 to $506,000 range. Relative to what's currently available in RACEWAY SINGLE FAMILY SUB SEC, this home would be the 3rd most expensive of 6 comparable homes on the market. The 399 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.15 acres versus the area average of 0.12) contributes to the valuation. With 6 similar homes currently listed in RACEWAY SINGLE FAMILY SUB SEC (a balanced market), competition is a factor to consider. Prices in 78728 have risen 3.7% over the last 6 months. A similar home at 3800 Bristol Motor PASS, Austin TX 78728 carries an adjusted comparable value of $483,245, providing a strong data point. With 7 comparable sales in RACEWAY SINGLE FAMILY SUB SEC, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group