Reviewing the most recent comparable transactions, this home's market value falls around $1,878,059. For a well positioned listing in BELVEDERE, I'd target the $1,854,000 to $2,100,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in BELVEDERE. The 130 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in BELVEDERE; a buyer's market based on recent absorption. Recent trends in BELVEDERE show home values have risen 13.6% since 6 months ago. The most comparable recent sale is 7708 Lynchburg DR, Austin TX 78738, with an adjusted value of $1,846,690; with a pool. 6 comparable transactions in BELVEDERE 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