1300 Newning Ave # 110, Austin TX 78704

My analysis of 4 comparable properties puts this home's estimated value at $310,018. Based on how the local market is moving, a list price between $300,000 and $374,000 would position this home well. This home's position in the current FARVIEW PARK market: the most expensive of 3 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1963 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.03) contributes to the valuation. 3 similar homes are currently available in FARVIEW PARK, creating a buyer's market for this price range. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 500 E Riverside DR # 133, Austin TX 78704 at an adjusted value of $373,659, a strong comparable. With 4 comparable sales in FARVIEW PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group