Based on what similar homes have actually sold for within a mile, I'd place this property's value at $219,969. I'd recommend coming to market at $138,000 to $148,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BEL-AIR, this price point stands out as competitive. Built in 1972, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in BEL-AIR includes 4 comparable homes priced from $150,000 to $235,000. The trend in 76574 shows prices have risen 0% in the past 6 months. 1411 Gilmore ST, Taylor TX 76574 nearby adjusts to $261,530; a strong comparable. Based on 5 relevant data points in BEL-AIR, 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