1202 Newning Ave # 200, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $311,303. To generate strong buyer interest while maximizing value, I'd price this between $347,000 and $459,000. Against 7 similar active listings in MADRID CONDOMINIUMS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1966 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in MADRID CONDOMINIUMS have 7 comparable options right now, with asking prices between $279,000 and $875,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 743 E Oltorf ST # 203, Austin TX 78704 nearby adjusts to $285,124; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group