8809 Bellancia DR, Austin TX 78738

After reviewing 3 recent transactions in BELVEDERE, I estimate this property's value at $1,688,612. A competitive list price for this home right now would fall in the $1,257,000 to $1,267,000 range. This would position the home competitively among 3 active listings in BELVEDERE. The smaller floor plan (362 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.52 acres versus the area average of 1.27) contributes to the valuation. With 3 similar homes currently listed in BELVEDERE (a balanced market), competition is a factor to consider. Prices in BELVEDERE have fallen 13.8% over the last 6 months. A similar home at 8040 Carlton Ridge CV, Austin TX 78738 carries an adjusted comparable value of $1,859,101, providing a strong data point. The comp data here (3 sales in BELVEDERE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus