1403 Newton ST, Austin TX 78704

Based on 7 closed sales in SWISHER, the data points to a value around $632,343 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $380,000 to $390,000. This home's position in the current SWISHER market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 347 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1946 (9 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in SWISHER, listed between $357,000 and $953,000. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 2215 Post RD # 2070, Austin TX 78704 at an adjusted $315,311, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SWISHER. 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