After reviewing 4 recent transactions in BELVEDERE, I estimate this property's value at $2,221,650. A competitive list price for this home right now would fall in the $1,445,000 to $1,455,000 range. Relative to what's currently available in BELVEDERE, this home would be the 2nd most expensive of 4 comparable homes on the market. Being 114 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 1 of the 4 comps lacked one. Buyers in BELVEDERE have 4 comparable options right now, with asking prices between $1,374,999 and $2,845,000. Prices in BELVEDERE have fallen 17.4% over the last 6 months. A similar home at 17600 Flagler DR, Austin TX 78738 carries an adjusted comparable value of $2,545,459, providing a strong data point. The comp data here (4 sales in BELVEDERE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus