Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $618,055. To generate strong buyer interest while maximizing value, I'd price this between $208,000 and $218,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in VIOLET CROWN HEIGHTS. The smaller floor plan (374 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2010 construction puts this home 30 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in VIOLET CROWN HEIGHTS, ranging from $199,900 to $675,000. The trend in VIOLET CROWN HEIGHTS shows prices have risen 82.3% in the past 6 months. 906 Ruth Ave, Austin TX 78757 nearby adjusts to $649,962; 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
