515 Neil ST, Belton TX 76513

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $176,864. I'd recommend coming to market at $172,000 to $182,000 to strike the right balance between value and market velocity. In the current 76513 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1952, this home is 45 years older than the average comp, which is reflected in the adjustments. The active market in 76513 includes 1 comparable homes priced from $180,000 to $180,000. The trend in 76513 shows prices have fallen 7.8% in the past 6 months. 102 Circle DR, Belton TX 76513 nearby adjusts to $186,280; 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