1901 Newton ST, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,324,494. To generate strong buyer interest while maximizing value, I'd price this between $2,871,000 and $3,022,000. In the current SWEETMAN R market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (282 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 3 of 6 comparable sales didn't include one. With 7 similar homes currently listed in SWEETMAN R (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 1.2% in the past 6 months. 503 Terrace DR, Austin TX 78704 nearby adjusts to $2,870,598; a strong comparable. 6 comparable transactions in SWEETMAN R support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group