1901 Payne Ave, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $1,453,855. For a well positioned listing in 78757, I'd target the $775,000 to $785,000 range. With 7 comparable homes on the market in 78757, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2017 construction puts this home 6 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78757, creating a balanced market for this price range. Recent trends in 78757 show home values have risen 4.9% since 6 months ago. The most comparable recent sale is 1009 Karen Ave, Austin TX 78757, with an adjusted value of $1,532,125; a strong comparable. The 7 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