1701 Payne Ave, Austin TX 78757

After reviewing 6 recent transactions in BELLAIRE, I estimate this property's value at $463,553. A competitive list price for this home right now would fall in the $454,000 to $473,000 range. This would position the home competitively among 2 active listings in BELLAIRE. Being 116 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.29 acres versus the area average of 0.17) contributes to the valuation. Buyers in BELLAIRE have 2 comparable options right now, with asking prices between $344,900 and $415,000. Prices in 78757 have fallen 5% over the last 6 months. A similar home at 1911 Palo Duro RD, Austin TX 78757 carries an adjusted comparable value of $447,388, providing a strong data point. With 6 comparable sales in BELLAIRE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group