1602 Springdale RD # 2, Austin TX 78721

Taking into account 7 nearby comparable sales, this property's estimated value comes to $467,172. If we were to list this property today, I'd recommend a list price in the $524,000 to $567,000 range. This home's position in the current GRANT PARK market: the most affordable of 3 comparable homes on the market among comparable properties. Being built in 2019 (17 years newer than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.16 for the typical comp. Current inventory shows 3 comparable homes in GRANT PARK; a buyer's market based on recent absorption. The 6 month price trend in 78721: fallen 13.3%. The best comp here is 4801 Louis Ave # 1, Austin TX 78721 at an adjusted value of $441,479, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GRANT PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group