1101 Palmetto ST, Belton TX 76513

The estimated value of this property is $270,740, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $121,000 and $131,000. Against 5 similar active listings in 76513, this price point lands at the most expensive of 5 comparable homes on the market. The smaller floor plan (761 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1964, this home is 43 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in 76513 (a buyer's market), competition is a factor to consider. Recent trends in 76513 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 206 WOODLAND TRL, Belton TX 76513, with an adjusted value of $207,411; with a larger floor plan. Based on 7 relevant data points in 76513, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX