1202 Newning Ave # 204, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $246,526. I'd recommend coming to market at $276,000 to $306,000 to strike the right balance between value and market velocity. In the current MADRID CONDOMINIUMS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. Buyers in MADRID CONDOMINIUMS have 7 comparable options right now, with asking prices between $225,000 and $450,000. The trend in 78704 shows prices have fallen 1.2% in the past 6 months. 900 S Lamar BLVD # 205, Austin TX 78704 nearby adjusts to $192,440; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group