545 Jackrabbit RD, Belton TX 76513

After reviewing 7 recent transactions in 76513, I estimate this property's value at $273,198. A competitive list price for this home right now would fall in the $231,000 to $241,000 range. Buyers shopping in 76513 right now would see this as a well positioned option among 1 comparable homes. The smaller floor plan (418 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.50 acres versus the area average of 0.35) contributes to the valuation. Current inventory shows 1 comparable homes in 76513; a buyer's market based on recent absorption. Prices in 76513 have fallen 9% over the last 6 months. A similar home at 103 Black Walnut CT, Nolanville TX 76559 carries an adjusted comparable value of $238,357, providing a strong data point. The comp data here (7 sales in 76513) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus