1202 Newning Ave # 307, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $594,568. Based on how the local market is moving, a list price between $583,000 and $606,000 would position this home well. This would position the home competitively among 1 active listings in MADRID CONDOMINIUMS. The smaller lot (0.00 acres versus the area average of 0.11) 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: risen 1.1%. The best comp here is 2003 Alameda DR, Austin TX 78704 at an adjusted value of $691,812, a strong comparable. With 3 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