1201 Newton ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,018,169. For a well positioned listing in SWISHER, I'd target the $345,000 to $355,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SWISHER. Being 737 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1936 construction puts this home 16 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in SWISHER (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 107 W Milton ST, Austin TX 78704, with an adjusted value of $1,082,394; 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