1403 Newning Ave, Austin TX 78704

Based on 7 closed sales in TRAVIS HEIGHTS, the data points to a value around $2,057,170 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,446,000 to $2,662,000. This home's position in the current TRAVIS HEIGHTS market: the most affordable of 5 comparable homes on the market among comparable properties. This home's larger footprint (548 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (18 years newer than comps) is factored into the value estimate. There are currently 5 similar homes on the market in TRAVIS HEIGHTS, ranging from $2,349,000 to $2,995,000. Market data shows TRAVIS HEIGHTS prices risen 45.4% over the last half year. The closest comparable sale, 1018 Harwood PL, Austin TX 78704 at an adjusted $1,595,151, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TRAVIS HEIGHTS. 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