7809 Lynchburg DR, Austin TX 78738

The market data from 6 similar recent sales in BELVEDERE points to a value of approximately $1,954,141. To sell within a reasonable timeframe at fair market value, the $2,007,000 to $2,180,000 range is where I'd position this. With 4 comparable homes on the market in BELVEDERE, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 1.27 acres, the lot is smaller than the 1.34 acre comp average, which factors into pricing. Buyers in BELVEDERE have 4 comparable options right now, with asking prices between $1,899,000 and $2,450,000. In BELVEDERE, home values have risen approximately 17.2% over the past 6 months. One of the strongest data points is 8040 Carlton Ridge CV, Austin TX 78738, adjusting to $1,968,892; a strong comparable. 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