510 Armstrong DR, Belton TX 76513

The estimated value of this property is $372,984, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $366,000 and $380,000. In the current 76513 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The smaller floor plan (250 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.17 acre lot (smaller than the 1.04 acre average) is reflected in the estimate. With 4 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 6.7% since 6 months ago. The most comparable recent sale is 1501 Loving TRL, Belton TX 76513, with an adjusted value of $285,262; with a smaller floor plan. Based on 7 relevant data points in 76513, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX