Ed's Opinion of Value

$545,404 Ed's Estimate: $851,419 $1,399,000
Lowest Comp Recommended List: $826,000 to $877,000 Highest Comp
Taking into account 4 nearby comparable sales, this property's estimated value comes to $851,419. If we were to list this property today, I'd recommend a list price in the $826,000 to $877,000 range. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in TRAVIS HEIGHTS's current inventory. At 275 sqft larger than the typical comp, the size difference factors into the valuation. 5 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. The 6 month price trend in TRAVIS HEIGHTS: fallen 2.2%. The best comp here is 2104 East Side DR, Austin TX 78704 at an adjusted value of $1,086,152, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in TRAVIS HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
4 Baths
2,017 Sq Ft
0.07 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 8594869

Listing History

MLS# 8594869
Jan 24, 2013 Off Market
Sep 23, 2012 Listed $654,000

Frequently Asked Questions About 1227 Newning Ave # 9, Austin TX 78704

How much does 1227 Newning Ave # 9, Austin TX 78704 cost?

1227 Newning Ave # 9, Austin TX 78704 sold on January 24, 2013. Contact us for sale price details.

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