4801 Springdale RD # 1201, Austin TX 78723

The market data from 7 similar recent sales in GRAVITY ATX points to a value of approximately $341,477. To sell within a reasonable timeframe at fair market value, the $373,000 to $397,000 range is where I'd position this. Among the similar homes currently available in GRAVITY ATX, this price point stands out as competitive. The 2023 construction puts this home 21 years newer than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. 7 similar homes are currently available in GRAVITY ATX, creating a buyer's market for this price range. In 78723, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 4801 Springdale RD # 2310, Austin TX 78723, adjusting to $300,719; a strong comparable. 7 comparable transactions in GRAVITY ATX 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