505 Marshall DR, Belton TX 76513

Based on 7 closed sales in 76513, the data points to a value around $293,625 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $315,000 to $319,000. Buyers shopping in 76513 right now would see this as a well positioned option among 7 comparable homes. Being built in 2005 (20 years older than comps) is factored into the value estimate. Lot size matters here: 0.22 acres versus 0.15 for the typical comp. 7 similar homes are currently available in 76513, creating a buyer's market for this price range. Market data shows 76513 prices fallen 9.4% over the last half year. The closest comparable sale, 1525 Sky Vista DR, Belton TX 76513 at an adjusted $294,943, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 76513. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group