2409 Spring LN # A, Austin TX 78703

The market data from 5 similar recent sales in 78703 points to a value of approximately $2,297,695. To sell within a reasonable timeframe at fair market value, the $1,982,000 to $1,992,000 range is where I'd position this. Against 5 similar active listings in 78703, this price point lands at the 3rd most expensive of 5 comparable homes on the market. At 346 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Buyers in 78703 have 5 comparable options right now, with asking prices between $1,995,000 and $2,999,950. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 2621 Exposition BLVD, Austin TX 78703, adjusting to $2,172,403; a strong comparable. 5 comparable transactions in 78703 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group