1109 Payne Ave, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $642,788. To generate strong buyer interest while maximizing value, I'd price this between $750,000 and $769,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in RESERVOIR HEIGHTS. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in RESERVOIR HEIGHTS, listed between $599,000 and $799,500. The trend in 78757 shows prices have risen 8.9% in the past 6 months. 1109 Arcadia Ave, Austin TX 78757 nearby adjusts to $612,828; a strong comparable. 7 comparable transactions in RESERVOIR 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