5501 Fenton LN, Belton TX 76513

Reviewing the most recent comparable transactions, this home's market value falls around $380,729. For a well positioned listing in 76513, I'd target the $328,000 to $338,000 range. In the current 76513 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The larger floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2017 construction puts this home 6 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 76513, creating a buyer's market for this price range. Recent trends in 76513 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 5521 Othello DR, Belton TX 76513, with an adjusted value of $413,436; with a smaller floor plan and a pool. 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