500 Mendocino LN, Austin TX 78737

The estimated value of this property is $640,701, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $520,000 and $530,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in BELTERRA. Current inventory shows 4 comparable homes in BELTERRA; a balanced market based on recent absorption. Recent trends in BELTERRA show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 138 Challis CT, Austin TX 78737, with an adjusted value of $623,001; with a larger floor plan. Based on 7 relevant data points in BELTERRA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX