2507 Red VLY, Belton TX 76513

The estimated value of this property is $380,200, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $313,000 and $323,000. With 7 comparable homes on the market in 76513, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (142 sqft vs the comp average) plays a role in how the market prices it. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 76513; a buyer's market based on recent absorption. Recent trends in 76513 show home values have fallen 9% since 6 months ago. The most comparable recent sale is 2507 Amber Forest TRL, Belton TX 76513, with an adjusted value of $370,626; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group