709 Newman DR, Austin TX 78703

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,883,133. Pricing this home between $2,062,000 and $2,131,000 would put it in the competitive sweet spot for DEEP EDDY. This home's position in the current DEEP EDDY market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. Being 200 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 5 similar homes currently listed in DEEP EDDY (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 2101 Pecos ST, Austin TX 78703 at an adjusted $2,612,797, is with a larger floor plan. With 7 comparable sales in DEEP EDDY, 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