1314 Newning Ave # B, Austin TX 78704

The comparable sales data (4 recent transactions in 78704) supports an estimated value of $644,557. The data suggests a list price between $488,000 and $498,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78704's current inventory. Being built in 2006 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.10 for the typical comp. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 1227 Newning Ave # 3, Austin TX 78704 carries an adjusted comparable value of $698,091, providing a strong data point. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus