1923 Payne Ave # B, Austin TX 78757

The estimated value of this property is $385,033, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $451,000 and $487,000. With 3 comparable homes on the market in BELLAIRE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 153 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in BELLAIRE; a buyer's market based on recent absorption. Recent trends in 78757 show home values have risen 14% since 6 months ago. The most comparable recent sale is 6002 Camino Real RD, Austin TX 78757, with an adjusted value of $406,670; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group