1202 Newning Ave # 214, Austin TX 78704

Taking into account 6 nearby comparable sales, this property's estimated value comes to $247,430. If we were to list this property today, I'd recommend a list price in the $250,000 to $268,000 range. This home's position in the current MADRID CONDO market: the most expensive of 4 comparable homes on the market among comparable properties. Being built in 1966 (9 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in MADRID CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 4.7%. The best comp here is 2020 S Congress Ave # 2213, Austin TX 78704 at an adjusted value of $274,330, a strong comparable. This estimate draws on 6 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