1208 Payne Ave # 2, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $786,055. For a well positioned listing in VIOLET CROWN HEIGHTS, I'd target the $416,000 to $426,000 range. With 7 comparable homes on the market in VIOLET CROWN HEIGHTS, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (596 sqft vs the comp average) plays a role in how the market prices it. The 2023 construction puts this home 31 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in VIOLET CROWN HEIGHTS, ranging from $352,500 to $788,000. Recent trends in VIOLET CROWN HEIGHTS show home values have risen 82.3% since 6 months ago. The most comparable recent sale is 1004 Karen Ave, Austin TX 78757, with an adjusted value of $1,043,750; with a larger floor plan. 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