1202 Newning Ave # 102, Austin TX 78704

Based on 3 closed sales in MADRID CONDO, the data points to a value around $382,260 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $301,000 to $311,000. Relative to what's currently available in MADRID CONDO, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 1966 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.07 for the typical comp. Buyers in MADRID CONDO have 7 comparable options right now, with asking prices between $259,000 and $875,000. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 2215 Post RD # 2070, Austin TX 78704 at an adjusted $311,026, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus