1411 NEWFIELD # A, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $600,524. I'd recommend coming to market at $1,343,000 to $1,381,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 78703. The larger floor plan (585 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78703, ranging from $850,000 to $2,950,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1712 W 10th ST, Austin TX 78703 nearby adjusts to $1,155,026; a strong comparable. Based on 7 relevant data points in 78703, 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