650 Mendocino LN, Austin TX 78737

After reviewing 5 recent transactions in BELTERRA, I estimate this property's value at $675,314. A competitive list price for this home right now would fall in the $689,000 to $691,000 range. This home's position in the current BELTERRA market: the most expensive of 4 comparable homes on the market among comparable properties. Being 123 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.33 acres versus the area average of 0.28) contributes to the valuation. Current inventory shows 4 comparable homes in BELTERRA; a seller's market based on recent absorption. Prices in BELTERRA have risen 8.4% over the last 6 months. A similar home at 133 Tabago CT, Austin TX 78737 carries an adjusted comparable value of $652,933, providing a strong data point. With 5 comparable sales in BELTERRA, 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