1202 Newning Ave # 203, Austin TX 78704

The comparable sales data (7 recent transactions in MADRID CONDOS) supports an estimated value of $409,643. The data suggests a list price between $575,000 and $641,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MADRID CONDOS, this home would be the most affordable of 4 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.14 for the typical comp. 4 similar homes are currently available in MADRID CONDOS, creating a buyer's market for this price range. Prices in 78704 have fallen 1.9% over the last 6 months. A similar home at 2705 Little John LN, Austin TX 78704 carries an adjusted comparable value of $540,548, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus