7105 Smith Dairy LN, Belton TX 76513

After reviewing 7 recent transactions in 76513, I estimate this property's value at $489,715. A competitive list price for this home right now would fall in the $476,000 to $514,000 range. This home's position in the current 76513 market: the most expensive of 2 comparable homes on the market among comparable properties. The larger lot (4.35 acres versus the area average of 0.73) contributes to the valuation. Current inventory shows 2 comparable homes in 76513; a buyer's market based on recent absorption. Prices in 76513 have fallen 9.4% over the last 6 months. A similar home at 574 Rose LN, Salado TX 76571 carries an adjusted comparable value of $633,975, providing a strong data point. With 7 comparable sales in 76513, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group