8200 Bellancia DR, Austin TX 78738

Based on 3 closed sales in BELVEDERE, the data points to a value around $1,731,090 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,181,000 to $1,191,000. Relative to what's currently available in BELVEDERE, this home would be the most expensive of 3 comparable homes on the market. This home's smaller footprint (632 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.17 acres versus 1.34 for the typical comp. There are currently 3 similar homes on the market in BELVEDERE, ranging from $1,170,000 to $1,879,000. Market data shows BELVEDERE prices fallen 17.4% over the last half year. The closest comparable sale, 17113 Flagler DR, Austin TX 78738 at an adjusted $1,817,500, is with a larger floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in BELVEDERE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group