8201 Bellancia DR, Austin TX 78738

Based on 5 closed sales in BELVEDERE, the data points to a value around $1,780,254 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,304,000 to $1,314,000. This home's position in the current BELVEDERE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.62 acres versus 1.36 for the typical comp. Buyers in BELVEDERE have 7 comparable options right now, with asking prices between $1,170,000 and $2,350,000. Market data shows BELVEDERE prices fallen 17.4% over the last half year. The closest comparable sale, 8040 Carlton Ridge CV, Austin TX 78738 at an adjusted $1,921,701, is with a larger floor plan. The strength of this estimate comes from 5 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