2117 Jefferson CT, Belton TX 76513

My analysis of 7 comparable properties puts this home's estimated value at $375,791. Based on how the local market is moving, a list price between $271,000 and $281,000 would position this home well. Relative to what's currently available in 76513, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.22 acres versus the area average of 0.98) contributes to the valuation. With 7 similar homes currently listed in 76513 (a buyer's market), competition is a factor to consider. The 6 month price trend in 76513: fallen 9.4%. The best comp here is 2251 Yturria DR, Belton TX 76513 at an adjusted value of $332,089, a strong comparable. With 7 comparable sales in 76513, 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