301 West Ave # 4906, Austin TX 78701

This home was listed at $850,000 and was on the market for 6 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $507,878. Here are some factors that may have played a role: At $1071/sqft, the asking price appears to have been significantly above the neighborhood average of $923/sqft. That gap that can deter buyer interest. Coming to market in December may have put this home in a slower seasonal window for the Austin area. At $1071/sqft, the asking price was 16% above the area median, though there may have been upgrades or features not captured in the data. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Based on 3 relevant data points in INDEPENDENT CONDOS, 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