1202 Newning Ave # 100, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $373,674. Pricing this home between $366,000 and $381,000 would put it in the competitive sweet spot for MADRID. This would position the home competitively among 7 active listings in MADRID. At 8 years older than typical comps, the 1966 build date influences the valuation. The smaller lot (0.03 acres versus the area average of 0.07) contributes to the valuation. There are currently 7 similar homes on the market in MADRID, ranging from $265,000 to $875,000. Market data shows 78704 prices risen 0% over the last half year. The closest comparable sale, 2215 Post RD # 2070, Austin TX 78704 at an adjusted $311,013, is a strong comparable. With 3 comparable sales in MADRID, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group