8800 Bellancia DR, Austin TX 78738

After reviewing 5 recent transactions in BELVEDERE, I estimate this property's value at $1,799,863. A competitive list price for this home right now would fall in the $1,422,000 to $1,432,000 range. This would position the home competitively among 6 active listings in BELVEDERE. At 236 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (1.01 acres versus the area average of 1.13) contributes to the valuation. Right now, 6 similar properties are competing for buyers in BELVEDERE, listed between $1,399,900 and $2,350,000. Prices in BELVEDERE have risen 6.7% over the last 6 months. A similar home at 8701 Bellancia DR, Austin TX 78738 carries an adjusted comparable value of $1,837,934, providing a strong data point. With 5 comparable sales in BELVEDERE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group