1918 Newning Ave, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $619,824. I'd recommend coming to market at $280,000 to $290,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BLUE BONNET HILLS. The 128 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1932, this home is 26 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in BLUE BONNET HILLS, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 2.8% in the past 6 months. 516 Lockhart DR, Austin TX 78704 nearby adjusts to $706,668; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group