1512 PAYNE Ave, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $582,875. To generate strong buyer interest while maximizing value, I'd price this between $561,000 and $574,000. With 3 comparable homes on the market in VIOLET CROWN HEIGHTS, this price positions the property as the most expensive of 3 comparable homes on the market. Being 129 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in VIOLET CROWN HEIGHTS, listed between $515,000 and $589,000. The trend in VIOLET CROWN HEIGHTS shows prices have risen 34.2% in the past 6 months. 906 Payne Ave, Austin TX 78757 nearby adjusts to $557,070; a strong comparable. The 3 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