1202 Newning Ave # 307, Austin TX 78704

My analysis of 6 comparable properties puts this home's estimated value at $709,741. Based on how the local market is moving, a list price between $696,000 and $724,000 would position this home well. This would position the home competitively among 1 active listings in MADRID CONDOMINIUMS. Being 148 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. There are currently 1 similar homes on the market in MADRID CONDOMINIUMS, ranging from $542,500 to $542,500. The 6 month price trend in 78704: fallen 0.6%. The best comp here is 2003 Alameda DR, Austin TX 78704 at an adjusted value of $691,812, a strong comparable. With 6 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