1300 Newning Ave # 109, Austin TX 78704

The comparable sales data (4 recent transactions in FARVIEW PARK) supports an estimated value of $310,052. The data suggests a list price between $231,000 and $241,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in FARVIEW PARK, this home would be the most expensive of 5 comparable homes on the market. Being built in 1963 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.03 for the typical comp. Right now, 5 similar properties are competing for buyers in FARVIEW PARK, listed between $219,000 and $299,000. Prices in 78704 have fallen 4.9% over the last 6 months. A similar home at 500 E Riverside DR # 133, Austin TX 78704 carries an adjusted comparable value of $373,681, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in FARVIEW PARK. 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