8313 Verde Mesa CV, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,156,078. I'd recommend coming to market at $1,660,000 to $1,670,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in BELVEDERE, this price positions the property as the most expensive of 4 comparable homes on the market. Being 116 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.01 acre lot (smaller than the 1.14 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in BELVEDERE; a buyer's market based on recent absorption. The trend in BELVEDERE shows prices have risen 17.2% in the past 6 months. 8040 Carlton Ridge CV, Austin TX 78738 nearby adjusts to $1,912,232; with a smaller floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group