Based on 7 closed sales in BEL-AIR, the data points to a value around $295,466 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $252,000 to $262,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in BEL-AIR's current inventory. Being built in 2000 (5 years older than comps) is factored into the value estimate. The active market in BEL-AIR includes 4 comparable homes priced from $235,000 to $269,000. Market data shows 76574 prices fallen 2.6% over the last half year. The closest comparable sale, 2100 Oaklawn DR, Taylor TX 76574 at an adjusted $307,528, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus