1708 Newning Ave # 202, Austin TX 78704

Based on 3 closed sales in FAIRVIEW PARK CONDO, the data points to a value around $481,595 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $388,000 to $398,000. This would position the home competitively among 7 active listings in FAIRVIEW PARK CONDO. Being built in 1985 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.10 acres versus 0.06 for the typical comp. Current inventory shows 7 comparable homes in FAIRVIEW PARK CONDO; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2215 Post RD # 1034, Austin TX 78704 at an adjusted $403,042, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus