1215 Payne Ave, Austin TX 78757

My analysis of 3 comparable properties puts this home's estimated value at $621,165. Based on how the local market is moving, a list price between $376,000 and $386,000 would position this home well. This home's position in the current VIOLET CROWN HEIGHTS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 112 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in VIOLET CROWN HEIGHTS (a buyer's market), competition is a factor to consider. The 6 month price trend in VIOLET CROWN HEIGHTS: risen 85.2%. The best comp here is 1010 Karen Ave, Austin TX 78757 at an adjusted value of $645,916, a strong comparable. The comp data here (3 sales in VIOLET CROWN HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus