1500 Madison Ave # B, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $828,552. For a well positioned listing in CRESTVIEW, I'd target the $549,000 to $559,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CRESTVIEW. This home's smaller footprint (203 sqft vs the comp average) plays a role in how the market prices it. At 0.12 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. The active market in CRESTVIEW includes 3 comparable homes priced from $525,000 to $1,095,000. Recent trends in CRESTVIEW show home values have risen 19.5% since 6 months ago. The most comparable recent sale is 1000 Taulbee LN # A, Austin TX 78757, with an adjusted value of $615,815; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group