8152 Jericho BLF, Belton TX 76513

Reviewing the most recent comparable transactions, this home's market value falls around $564,029. For a well positioned listing in 76513, I'd target the $487,000 to $497,000 range. With 3 comparable homes on the market in 76513, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. At 0.88 acres, the lot is larger than the 0.45 acre comp average, which factors into pricing. The active market in 76513 includes 3 comparable homes priced from $410,000 to $710,000. Recent trends in 76513 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 8152 Jericho BLF, Belton TX 76513, with an adjusted value of $655,000; a strong comparable. 7 comparable transactions in 76513 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group