1101 Grove BLVD # 101, Austin TX 78741

Based on 7 closed sales in TOWNHOMES RIVERSIDE GROVE, the data points to a value around $228,653 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $172,000 to $182,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in TOWNHOMES RIVERSIDE GROVE's current inventory. Being built in 1970 (35 years older than comps) is factored into the value estimate. Lot size matters here: 0.06 acres versus 0.09 for the typical comp. Current inventory shows 7 comparable homes in TOWNHOMES RIVERSIDE GROVE; a buyer's market based on recent absorption. Market data shows 78741 prices fallen 9.6% over the last half year. The closest comparable sale, 1104 Begonia TER # 2, Austin TX 78741 at an adjusted $255,589, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TOWNHOMES RIVERSIDE GROVE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group