1602 Newton ST, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,127,586. To generate strong buyer interest while maximizing value, I'd price this between $1,471,000 and $1,625,000. Against 4 similar active listings in BECKERS GUS, this price point lands at the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (356 sqft vs the comp average) plays a role in how the market prices it. Right now, 4 similar properties are competing for buyers in BECKERS GUS, listed between $1,050,000 and $2,519,000. The trend in 78704 shows prices have fallen 2.7% in the past 6 months. 1116 Mariposa DR # D, Austin TX 78704 nearby adjusts to $1,021,816; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group