1008 Newport Ave, Austin TX 78753

The market data from 7 similar recent sales in NORTH ACRES points to a value of approximately $371,999. To sell within a reasonable timeframe at fair market value, the $244,000 to $254,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in NORTH ACRES. At 0.31 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in NORTH ACRES, listed between $250,000 and $525,000. In NORTH ACRES, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 1400 Brighton CIR, Austin TX 78753, adjusting to $359,206; 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