4101 Elf TRL, Belton TX 76513

The market data from 7 similar recent sales in 76513 points to a value of approximately $592,643. To sell within a reasonable timeframe at fair market value, the $712,000 to $732,000 range is where I'd position this. Against 2 similar active listings in 76513, this price point lands at the most affordable of 2 comparable homes on the market. The larger floor plan (505 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.81 acres, the lot is larger than the 1.58 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 76513; a buyer's market based on recent absorption. In 76513, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 9776 Arroyo DR, Belton TX 76513, adjusting to $712,351; with a larger floor plan. 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