1207 Newport Ave, Austin TX 78753

Reviewing the most recent comparable transactions, this home's market value falls around $428,097. For a well positioned listing in NORTH ACRES, I'd target the $463,000 to $501,000 range. Against 6 similar active listings in NORTH ACRES, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The 1958 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.42 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in NORTH ACRES, listed between $374,900 and $585,000. Recent trends in 78753 show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 10615 Denell CIR, Austin TX 78753, with an adjusted value of $422,368; a strong comparable. The 4 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