1000 Newport Ave, Austin TX 78753

The market data from 3 similar recent sales in NORTH ACRES points to a value of approximately $497,855. To sell within a reasonable timeframe at fair market value, the $469,000 to $510,000 range is where I'd position this. Among the similar homes currently available in NORTH ACRES, this price point stands out as competitive. Being 326 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.30 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 3 similar homes are currently available in NORTH ACRES, creating a buyer's market for this price range. In NORTH ACRES, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 10512 Walnut Bend DR, Austin TX 78753, adjusting to $419,279; with a smaller floor plan. 3 comparable transactions in NORTH ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group