1713 Payne Ave, Austin TX 78757

Taking into account 3 nearby comparable sales, this property's estimated value comes to $846,759. If we were to list this property today, I'd recommend a list price in the $530,000 to $540,000 range. Buyers shopping in BELLAIRE right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (135 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in BELLAIRE; a balanced market based on recent absorption. The 6 month price trend in 78757: risen 4.9%. The best comp here is 1409 Alegria RD # B, Austin TX 78757 at an adjusted value of $778,080, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in BELLAIRE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group