1202 Newning Ave # 108, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $636,591. For a well positioned listing in MADRID CONDO, I'd target the $624,000 to $649,000 range. In the current MADRID CONDO market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 374 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.02 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Buyers in MADRID CONDO have 2 comparable options right now, with asking prices between $450,000 and $542,500. Recent trends in 78704 show home values have risen 0% since 6 months ago. The most comparable recent sale is 206 W Milton ST # B, Austin TX 78704, with an adjusted value of $689,532; with a larger floor plan. 7 comparable transactions in MADRID CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group