505 S Penelope ST, Belton TX 76513

The market data from 7 similar recent sales in 76513 points to a value of approximately $207,328. To sell within a reasonable timeframe at fair market value, the $204,000 to $262,000 range is where I'd position this. In the current 76513 market with 0 similar homes available, this price represents no active comparable homes on the market. This home's smaller footprint (590 sqft vs the comp average) plays a role in how the market prices it. The 1974 construction puts this home 5 years newer than the comp average, a factor in the pricing. In 76513, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 612 W 2nd Ave, Belton TX 76513, adjusting to $176,433; 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