300 Bowie ST # 1606, Austin TX 78703

Based on 3 closed sales in SPRING CONDO, the data points to a value around $431,728 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $284,000 to $294,000. This home's position in the current SPRING CONDO market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. Being built in 2007 (10 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.05 for the typical comp. There are currently 6 similar homes on the market in SPRING CONDO, ranging from $299,000 to $530,000. Market data shows SPRING CONDO prices fallen 22.8% over the last half year. The closest comparable sale, 501 West Ave # 1406, Austin TX 78701 at an adjusted $397,755, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus