300 Bowie ST # 706, Austin TX 78703

Based on 6 closed sales in SPRING CONDO, the data points to a value around $458,774 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $503,000 to $535,000. This home's position in the current SPRING CONDO market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being built in 2007 (11 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.08 for the typical comp. With 4 similar homes currently listed in SPRING CONDO (a buyer's market), competition is a factor to consider. Market data shows SPRING CONDO prices risen 96.1% over the last half year. The closest comparable sale, 48 E East Ave # 3203, Austin TX 78701 at an adjusted $435,747, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in SPRING CONDO. 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