8200 Bellancia DR, Austin TX 78738

Based on 4 closed sales in BELVEDERE, the data points to a value around $1,233,579 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $739,000 to $749,000. Relative to what's currently available in BELVEDERE, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (337 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.17 acres versus 1.23 for the typical comp. There are currently 7 similar homes on the market in BELVEDERE, ranging from $700,000 to $2,270,000. Market data shows BELVEDERE prices risen 10.4% over the last half year. The closest comparable sale, 8040 Carlton Ridge CV, Austin TX 78738 at an adjusted $1,716,050, is with a larger floor plan. The strength of this estimate comes from 4 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