Based on 4 closed sales in BEL-AIR, the data points to a value around $237,799 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $152,000 to $162,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in BEL-AIR's current inventory. Lot size matters here: 0.24 acres versus 0.21 for the typical comp. 4 similar homes are currently available in BEL-AIR, creating a buyer's market for this price range. Market data shows 76574 prices fallen 0.7% over the last half year. The closest comparable sale, 2303 Carolyn DR, Taylor TX 76574 at an adjusted $215,448, is a strong comparable. This estimate draws on 4 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