511 Morgans Point RD, Belton TX 76513

After reviewing 7 recent transactions in 76513, I estimate this property's value at $302,722. A competitive list price for this home right now would fall in the $301,000 to $312,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 76513's current inventory. This home's smaller footprint (222 sqft vs the comp average) plays a role in how the market prices it. At 11 years older than typical comps, the 1996 build date influences the valuation. Right now, 2 similar properties are competing for buyers in 76513, listed between $284,900 and $289,000. Prices in 76513 have fallen 9.4% over the last 6 months. A similar home at 304 Cypress Springs DR, Belton TX 76513 carries an adjusted comparable value of $311,981, providing a strong data point. With 7 comparable sales in 76513, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group