1506 Airedale RD # 2504, Austin TX 78748

The estimated value of this property is $319,633, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $310,000 and $329,000. With 3 comparable homes on the market in SMITHFIELD CONDOS BLDG, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Built in 2019, this home is 9 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SMITHFIELD CONDOS BLDG (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 1404 Catalan RD # 803, Austin TX 78748, with an adjusted value of $287,377; a strong comparable. With 5 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