1213 Newning Ave, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,026,225. To generate strong buyer interest while maximizing value, I'd price this between $1,965,000 and $2,087,000. With 3 comparable homes on the market in FAIRVIEW PARK, this price positions the property as the most affordable of 3 comparable homes on the market. At 124 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. The active market in FAIRVIEW PARK includes 3 comparable homes priced from $2,500,000 to $3,360,000. The trend in 78704 shows prices have fallen 1.8% in the past 6 months. 508 Leland ST, Austin TX 78704 nearby adjusts to $2,477,130; with a larger floor plan. The 5 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