3200 Red River RD, Belton TX 76513

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $457,748. To generate strong buyer interest while maximizing value, I'd price this between $561,000 and $563,000. With 5 comparable homes on the market in 76513, this price positions the property as the most affordable of 5 comparable homes on the market. At 180 sqft larger than the typical comp, the size difference factors into the valuation. The 1979 construction puts this home 26 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in 76513 (a buyer's market), competition is a factor to consider. The trend in 76513 shows prices have fallen 9% in the past 6 months. 518 Riverwood DR, Belton TX 76513 nearby adjusts to $563,299; with a smaller floor plan. 7 comparable transactions in 76513 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group