1300 Newning Ave # 207, Austin TX 78704

The estimated value of this property is $310,095, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $245,000 and $255,000. With 3 comparable homes on the market in FARVIEW PARK, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1963, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.03 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in FARVIEW PARK, ranging from $225,000 to $299,000. Recent trends in 78704 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 500 E Riverside DR # 133, Austin TX 78704, with an adjusted value of $373,648; a strong comparable. Based on 4 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