7575 Smith Dairy RD, Belton TX 76513

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $375,388. I'd recommend coming to market at $181,000 to $191,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 76513. The smaller floor plan (393 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.12 acre lot (smaller than the 1.18 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in 76513; a buyer's market based on recent absorption. The trend in 76513 shows prices have fallen 9.4% in the past 6 months. 8281 Mountain DR, Salado TX 76571 nearby adjusts to $344,613; with a larger floor plan. Based on 7 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