1712 Payne Ave # A, Austin TX 78757

The market data from 7 similar recent sales in BELLAIRE points to a value of approximately $692,225. To sell within a reasonable timeframe at fair market value, the $546,000 to $556,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in BELLAIRE. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in BELLAIRE, ranging from $525,000 to $789,000. In 78757, home values have risen approximately 6.3% over the past 6 months. One of the strongest data points is 1409 Alegria RD # B, Austin TX 78757, adjusting to $723,218; a strong comparable. 7 comparable transactions in BELLAIRE 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