1300 Newning Ave # 102, Austin TX 78704

Based on 7 closed sales in NEWNING OAKS, the data points to a value around $639,679 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $627,000 to $652,000. This would position the home competitively among 1 active listings in NEWNING OAKS. This home's smaller footprint (364 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.14 for the typical comp. There are currently 1 similar homes on the market in NEWNING OAKS, ranging from $542,500 to $542,500. Market data shows 78704 prices fallen 1.1% over the last half year. The closest comparable sale, 2003 Alameda DR, Austin TX 78704 at an adjusted $678,912, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in NEWNING OAKS. 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