1202 Newning Ave # 108, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $226,423. For a well positioned listing in MADRID CONDO, I'd target the $239,000 to $257,000 range. In the current MADRID CONDO market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. Buyers in MADRID CONDO have 5 comparable options right now, with asking prices between $235,000 and $330,000. Recent trends in 78704 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 300 Crockett ST # 209, Austin TX 78704, with an adjusted value of $224,805; with a larger floor plan. 4 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