1314 Newning Ave # A, Austin TX 78704

The estimated value of this property is $1,289,160, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $942,000 and $952,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78704. At 129 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2005, this home is 11 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78704, listed between $875,000 and $1,799,000. Recent trends in 78704 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 308 W Milton ST, Austin TX 78704, with an adjusted value of $1,050,391; with a smaller floor plan. Based on 3 relevant data points in 78704, 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