605 Richardson CIR, Belton TX 76513

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $198,214. I'd recommend coming to market at $109,000 to $119,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 76513, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (238 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2002, this home is 15 years older than the average comp, which is reflected in the adjustments. Right now, 1 similar properties are competing for buyers in 76513, listed between $125,000 and $125,000. The trend in 76513 shows prices have fallen 7.3% in the past 6 months. 303 W Avenue I Ave, Belton TX 76513 nearby adjusts to $232,544; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group