1227 Newning Ave # 3, Austin TX 78704

The market data from 7 similar recent sales in TRAVIS HEIGHTS points to a value of approximately $869,116. To sell within a reasonable timeframe at fair market value, the $474,000 to $484,000 range is where I'd position this. In the current TRAVIS HEIGHTS market with 4 similar homes available, this price represents the 0th most expensive of 4 comparable homes on the market. The 2012 construction puts this home 39 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Buyers in TRAVIS HEIGHTS have 4 comparable options right now, with asking prices between $525,000 and $850,300. In TRAVIS HEIGHTS, home values have fallen approximately 16.9% over the past 6 months. One of the strongest data points is 2007 Alameda DR, Austin TX 78704, adjusting to $996,619; with a smaller floor plan. 7 comparable transactions in TRAVIS HEIGHTS 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