4801 Springdale RD # 2202, Austin TX 78723

After reviewing 7 recent transactions in GRAVITY ATX CONDOS BLDG, I estimate this property's value at $280,659. A competitive list price for this home right now would fall in the $175,000 to $185,000 range. Relative to what's currently available in GRAVITY ATX CONDOS BLDG, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (494 sqft compared to the average comp) is a meaningful differentiator in this price range. At 33 years newer than typical comps, the 2022 build date influences the valuation. Current inventory shows 7 comparable homes in GRAVITY ATX CONDOS BLDG; a buyer's market based on recent absorption. Prices in 78723 have fallen 10.8% over the last 6 months. A similar home at 4801 Springdale RD # 2310, Austin TX 78723 carries an adjusted comparable value of $252,000, providing a strong data point. The comp data here (7 sales in GRAVITY ATX CONDOS BLDG) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus