5517 Othello DR, Belton TX 76513

The estimated value of this property is $287,774, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $212,000 and $222,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 76513. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in 76513; a buyer's market based on recent absorption. Recent trends in 76513 show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 5794 Copano RD, Belton TX 76513, with an adjusted value of $296,406; with a smaller floor plan. Based on 3 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