1409 Newning Ave, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,627,411. To generate strong buyer interest while maximizing value, I'd price this between $2,697,000 and $2,784,000. Against 7 similar active listings in 78704, this price point lands at the most affordable of 7 comparable homes on the market. At 636 sqft larger than the typical comp, the size difference factors into the valuation. The 1917 construction puts this home 64 years older than the comp average, a factor in the pricing. The active market in 78704 includes 7 comparable homes priced from $1,695,000 to $3,360,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 1611 Alameda DR, Austin TX 78704 nearby adjusts to $1,266,139; with a smaller floor plan. 7 comparable transactions in 78704 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group