1211 Newning Ave, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,071,566. To generate strong buyer interest while maximizing value, I'd price this between $2,555,000 and $2,622,000. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in FAIRVIEW PARK. Being 607 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.28 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 5 similar homes are currently available in FAIRVIEW PARK, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 4.7% in the past 6 months. 508 Leland ST, Austin TX 78704 nearby adjusts to $2,475,036; with a smaller floor plan and a pool. 5 comparable transactions in FAIRVIEW PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group