1001 Payne Ave, Austin TX 78757

The market data from 7 similar recent sales in RESERVOIR HEIGHTS points to a value of approximately $487,514. To sell within a reasonable timeframe at fair market value, the $326,000 to $336,000 range is where I'd position this. In the current RESERVOIR HEIGHTS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in RESERVOIR HEIGHTS; a balanced market based on recent absorption. In 78757, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 1901 Madison Ave, Austin TX 78757, adjusting to $450,384; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group