The estimated value of this property is $1,314,831, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $720,000 and $730,000. In the current VIOLET CROWN HEIGHTS RESIDENCE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 117 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in VIOLET CROWN HEIGHTS RESIDENCE have 7 comparable options right now, with asking prices between $724,900 and $1,595,000. Recent trends in VIOLET CROWN HEIGHTS RESIDENCE show home values have fallen 31.8% since 6 months ago. The most comparable recent sale is 1301 Madison Ave, Austin TX 78757, with an adjusted value of $1,299,595; a strong comparable. Based on 7 relevant data points in VIOLET CROWN HEIGHTS RESIDENCE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
