1708 Newning Ave # A, Austin TX 78704

Based on 6 closed sales in FAIRVIEW PARK CONDO, the data points to a value around $498,093 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $843,000 to $859,000. This home's position in the current FAIRVIEW PARK CONDO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 102 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.11 for the typical comp. With 7 similar homes currently listed in FAIRVIEW PARK CONDO (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 1.7% over the last half year. The closest comparable sale, 2001 Parker LN S # 107, Austin TX 78741 at an adjusted $338,013, is with a pool. The strength of this estimate comes from 6 directly comparable sales in FAIRVIEW PARK CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group