1207 Palo Duro RD, Austin TX 78757

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $634,906. I'd recommend coming to market at $616,000 to $654,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in VIOLET CROWN HEIGHTS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 107 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1945, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in VIOLET CROWN HEIGHTS; a buyer's market based on recent absorption. The trend in VIOLET CROWN HEIGHTS shows prices have risen 76.5% in the past 6 months. 1010 Karen Ave, Austin TX 78757 nearby adjusts to $633,566; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group