1311 Alegria RD, Austin TX 78757

Based on 7 closed sales in VIOLET CROWN HEIGHTS, the data points to a value around $1,222,287 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,563,000 to $1,565,000. This would position the home competitively among 7 active listings in VIOLET CROWN HEIGHTS. At 446 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1949 (64 years older than comps) is factored into the value estimate. 7 similar homes are currently available in VIOLET CROWN HEIGHTS, creating a buyer's market for this price range. Market data shows VIOLET CROWN HEIGHTS prices risen 82.3% over the last half year. The closest comparable sale, 1209 Romeria DR, Austin TX 78757 at an adjusted $1,460,090, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in VIOLET CROWN HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group