1101 Grove BLVD # 405, Austin TX 78741

After reviewing 4 recent transactions in 78741, I estimate this property's value at $267,839. A competitive list price for this home right now would fall in the $260,000 to $276,000 range. This home's position in the current 78741 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 6 years newer than typical comps, the 2011 build date influences the valuation. The active market in 78741 includes 4 comparable homes priced from $249,900 to $350,000. Prices in 78741 have risen 1.6% over the last 6 months. A similar home at 1201 Grove BLVD # 2403, Austin TX 78741 carries an adjusted comparable value of $258,091, providing a strong data point. With 4 comparable sales in 78741, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group