1609 Newning Ave, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,418,754. Pricing this home between $1,045,000 and $1,055,000 would put it in the competitive sweet spot for FAIRVIEW PARK. Buyers shopping in FAIRVIEW PARK right now would see this as a well positioned option among 7 comparable homes. Being 350 sqft larger than the average comparable sale in this area impacts the per square foot value. At 42 years older than typical comps, the 1948 build date influences the valuation. Current inventory shows 7 comparable homes in FAIRVIEW PARK; a balanced market based on recent absorption. Market data shows FAIRVIEW PARK prices fallen 53% over the last half year. The closest comparable sale, 2409 East Side DR, Austin TX 78704 at an adjusted $1,233,456, is with a smaller floor plan. With 7 comparable sales in FAIRVIEW PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group