2012 Payne Ave # B, Austin TX 78757

The market data from 7 similar recent sales in 78757 points to a value of approximately $218,174. To sell within a reasonable timeframe at fair market value, the $142,000 to $152,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78757. At 161 sqft smaller than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 8 years older than the comp average, a factor in the pricing. Buyers in 78757 have 7 comparable options right now, with asking prices between $150,000 and $320,000. In 78757, home values have risen approximately 9.3% over the past 6 months. One of the strongest data points is 2104 Cullen Ave # 113, Austin TX 78757, adjusting to $181,896; 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