8209 Bellancia DR, Austin TX 78738

The market data from 4 similar recent sales in BELVEDERE points to a value of approximately $1,915,215. To sell within a reasonable timeframe at fair market value, the $1,293,000 to $1,303,000 range is where I'd position this. In the current BELVEDERE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (313 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.55 acres, the lot is larger than the 1.44 acre comp average, which factors into pricing. The active market in BELVEDERE includes 3 comparable homes priced from $1,195,000 to $2,450,000. In BELVEDERE, home values have risen approximately 10.9% over the past 6 months. One of the strongest data points is 8716 Bellancia DR, Austin TX 78738, adjusting to $1,872,926; with a smaller floor plan and a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group