Taking into account 7 nearby comparable sales, this property's estimated value comes to $272,205. If we were to list this property today, I'd recommend a list price in the $211,000 to $221,000 range. Relative to what's currently available in BEL AIR SHERWOOD SHORES, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (235 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1970 (22 years older than comps) is factored into the value estimate. The active market in BEL AIR SHERWOOD SHORES includes 7 comparable homes priced from $228,000 to $679,000. The 6 month price trend in BEL AIR SHERWOOD SHORES: fallen 73.8%. The best comp here is 2410 Lakeview LN, Granite Shoals TX 78654 at an adjusted value of $172,136, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BEL AIR SHERWOOD SHORES. 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