1503 Payne Ave, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $593,461. For a well positioned listing in VIOLET CROWN HEIGHTS, I'd target the $366,000 to $376,000 range. Against 6 similar active listings in VIOLET CROWN HEIGHTS, this price point lands at the most expensive of 6 comparable homes on the market. The smaller floor plan (325 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 6 comparable homes in VIOLET CROWN HEIGHTS; a buyer's market based on recent absorption. Recent trends in VIOLET CROWN HEIGHTS show home values have risen 82.3% since 6 months ago. The most comparable recent sale is 1209 Payne Ave, Austin TX 78757, with an adjusted value of $599,697; a strong comparable. 7 comparable transactions in VIOLET CROWN HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group