618 N Penelope ST, Belton TX 76513

Based on 7 closed sales in 76513, the data points to a value around $320,007 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $352,000 to $353,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 76513's current inventory. Being built in 1890 (125 years older than comps) is factored into the value estimate. Lot size matters here: 0.35 acres versus 0.23 for the typical comp. Buyers in 76513 have 7 comparable options right now, with asking prices between $284,900 and $399,000. Market data shows 76513 prices fallen 9.4% over the last half year. The closest comparable sale, 2533 Tin Barn BLF, Belton TX 76513 at an adjusted $344,137, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 76513. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group