1604 Newton ST, Austin TX 78704

The market data from 7 similar recent sales in BECKERS GUS points to a value of approximately $897,080. To sell within a reasonable timeframe at fair market value, the $626,000 to $636,000 range is where I'd position this. Against 7 similar active listings in BECKERS GUS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1947 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BECKERS GUS; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 2114 Clifton ST, Austin TX 78704, adjusting to $957,659; with a smaller floor plan. The 7 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