8717 Bellancia DR, Austin TX 78738

Based on 5 closed sales in BELVEDERE, the data points to a value around $2,082,396 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,402,000 to $1,412,000. Buyers shopping in BELVEDERE right now would see this as a well positioned option among 5 comparable homes. This home's larger footprint (245 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.14 acres versus 1.29 for the typical comp. With 5 similar homes currently listed in BELVEDERE (a buyer's market), competition is a factor to consider. Market data shows BELVEDERE prices fallen 13.8% over the last half year. The closest comparable sale, 8040 Carlton Ridge CV, Austin TX 78738 at an adjusted $2,007,447, is with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus