8317 Verde Mesa CV, Austin TX 78738

The market data from 3 similar recent sales in BELVEDERE points to a value of approximately $1,911,156. To sell within a reasonable timeframe at fair market value, the $1,447,000 to $1,457,000 range is where I'd position this. Among the similar homes currently available in BELVEDERE, this price point stands out as competitive. The 385 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.05 acres, the lot is smaller than the 1.18 acre comp average, which factors into pricing. 7 similar homes are currently available in BELVEDERE, creating a buyer's market for this price range. In 78738, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 7708 Lynchburg DR, Austin TX 78738, adjusting to $2,067,384; a strong comparable. The 3 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