1101 Grove BLVD # 604, Austin TX 78741

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $304,527. I'd recommend coming to market at $259,000 to $269,000 to strike the right balance between value and market velocity. Against 7 similar active listings in TOWNHOMES THE RIVERSIDE GROVE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 3.68 acre lot (larger than the 0.07 acre average) is reflected in the estimate. With 7 similar homes currently listed in TOWNHOMES THE RIVERSIDE GROVE (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 3.2% in the past 6 months. 1201 Grove BLVD # 2802, Austin TX 78741 nearby adjusts to $289,482; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group