1527 Madison Ave # B, Austin TX 78757

The market data from 7 similar recent sales in CRESTVIEW points to a value of approximately $483,417. To sell within a reasonable timeframe at fair market value, the $351,000 to $361,000 range is where I'd position this. In the current CRESTVIEW market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (355 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2015 construction puts this home 27 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in CRESTVIEW; a buyer's market based on recent absorption. In CRESTVIEW, home values have risen approximately 23.4% over the past 6 months. One of the strongest data points is 1301 Piedmont Ave, Austin TX 78757, adjusting to $568,290; a strong comparable. 7 comparable transactions in CRESTVIEW 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