1503 NEWNING Ave, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $2,021,034. Based on how the local market is moving, a list price between $3,166,000 and $3,277,000 would position this home well. Relative to what's currently available in TRAVIS HEIGHTS, this home would be the most affordable of 7 comparable homes on the market. The 1,762 sqft size difference versus comparable sales is reflected in the adjusted values. At 28 years older than typical comps, the 1940 build date influences the valuation. 7 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. The 6 month price trend in TRAVIS HEIGHTS: fallen 21.6%. The best comp here is 902 E Live Oak ST, Austin TX 78704 at an adjusted value of $1,792,500, with a smaller floor plan. The comp data here (7 sales in TRAVIS HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus