1001 Ruth Ave, Austin TX 78757

Based on 7 closed sales in VIOLET CROWN HEIGHTS, the data points to a value around $639,795 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $518,000 to $528,000. Relative to what's currently available in VIOLET CROWN HEIGHTS, this home would be the most expensive of 5 comparable homes on the market. The smaller floor plan (538 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1947 (13 years older than comps) is factored into the value estimate. 5 similar homes are currently available in VIOLET CROWN HEIGHTS, creating a seller's market for this price range. Market data shows VIOLET CROWN HEIGHTS prices risen 71.9% over the last half year. The closest comparable sale, 1407 Karen Ave, Austin TX 78757 at an adjusted $552,731, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VIOLET CROWN HEIGHTS. 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