1300 Newning Ave # 203, Austin TX 78704

The estimated value of this property is $235,130, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $436,000 and $462,000. In the current FARVIEW PARK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1963, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in FARVIEW PARK; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1500 East Side DR # 219A, Austin TX 78704, with an adjusted value of $258,285; a strong comparable. Based on 5 relevant data points in FARVIEW PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX