1227 Newning Ave # 5, Austin TX 78704

3 recent sales within a mile of this address suggest a current value of $1,138,181. My recommended list price range for this property would be $1,281,000 to $1,301,000. With 3 comparable homes on the market in OAKS CONDO THE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 336 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in OAKS CONDO THE have 3 comparable options right now, with asking prices between $1,000,000 and $1,399,000. In 78704, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 1116 Mariposa DR # D, Austin TX 78704, adjusting to $1,052,836; with a smaller floor plan. With 3 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