1202 Newning Ave # 307, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $247,723. Based on how the local market is moving, a list price between $304,000 and $380,000 would position this home well. This would position the home competitively among 7 active listings in MADRID CONDOMINIUMS. The smaller lot (0.00 acres versus the area average of 0.05) contributes to the valuation. There are currently 7 similar homes on the market in MADRID CONDOMINIUMS, ranging from $225,000 to $450,000. The 6 month price trend in 78704: fallen 3.9%. The best comp here is 300 Crockett ST # 209, Austin TX 78704 at an adjusted value of $234,298, a strong comparable. With 7 comparable sales in MADRID CONDOMINIUMS, 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