1303 Arcadia Ave, Austin TX 78757

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $699,716. I'd recommend coming to market at $807,000 to $841,000 to strike the right balance between value and market velocity. Against 3 similar active listings in VIOLET CROWN HEIGHTS, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 0.18 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in VIOLET CROWN HEIGHTS; a balanced market based on recent absorption. The trend in VIOLET CROWN HEIGHTS shows prices have risen 90.2% in the past 6 months. 1405 Brentwood ST, Austin TX 78757 nearby adjusts to $615,900; a strong comparable. With 3 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