1108 Ruth Ave, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,091,169. To generate strong buyer interest while maximizing value, I'd price this between $700,000 and $710,000. Against 3 similar active listings in VIOLET CROWN HEIGHTS, this price point lands at the most expensive of 3 comparable homes on the market. The 1948 construction puts this home 53 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 3 similar homes currently listed in VIOLET CROWN HEIGHTS (a seller's market), competition is a factor to consider. The trend in VIOLET CROWN HEIGHTS shows prices have risen 71.9% in the past 6 months. 901 Brentwood ST, Austin TX 78757 nearby adjusts to $1,261,341; a strong comparable. 7 comparable transactions in VIOLET CROWN HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group