723 Springdale RD, Austin TX 78702

Based on 5 closed sales in CHUNN, the data points to a value around $444,312 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $342,000 to $352,000. Relative to what's currently available in CHUNN, this home would be the 2nd least expensive of 5 comparable homes on the market. This home's smaller footprint (357 sqft vs the comp average) plays a role in how the market prices it. Being built in 1941 (41 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in CHUNN (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 9% over the last half year. The closest comparable sale, 1007 Gullett ST, Austin TX 78702 at an adjusted $529,029, is with a larger floor plan. This estimate draws on 5 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