1602 Springdale RD # 1, Austin TX 78721

The estimated value of this property is $623,998, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $472,000 and $482,000. In the current GRANT PARK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 140 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.21 acre lot (larger than the 0.16 acre average) is reflected in the estimate. 3 similar homes are currently available in GRANT PARK, creating a buyer's market for this price range. Recent trends in 78721 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 5202 Rob Scott ST, Austin TX 78721, with an adjusted value of $564,604; a strong comparable. Based on 5 relevant data points in GRANT PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX