800 Newman DR, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $554,200. For a well positioned listing in MARIETTA HEIGHTS, I'd target the $377,000 to $387,000 range. With 7 comparable homes on the market in MARIETTA HEIGHTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1946 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is larger than the 0.05 acre comp average, which factors into pricing. 7 similar homes are currently available in MARIETTA HEIGHTS, creating a buyer's market for this price range. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1105 Maufrais ST, Austin TX 78703, with an adjusted value of $692,197; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group