3012 Red Oak DR, Belton TX 76513

Reviewing the most recent comparable transactions, this home's market value falls around $391,323. For a well positioned listing in 76513, I'd target the $308,000 to $318,000 range. With 6 comparable homes on the market in 76513, this price positions the property as the most expensive of 6 comparable homes on the market. Being 154 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1992 construction puts this home 15 years older than the comp average, a factor in the pricing. With 6 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 7.3% since 6 months ago. The most comparable recent sale is 2816 Dunns Canyon RD, Belton TX 76513, with an adjusted value of $542,008; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group