1201 Grove BLVD # 1302, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $269,178. For a well positioned listing in 78741, I'd target the $375,000 to $393,000 range. Against 7 similar active listings in 78741, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (169 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. Buyers in 78741 have 7 comparable options right now, with asking prices between $249,900 and $445,000. Recent trends in 78741 show home values have risen 6.6% since 6 months ago. The most comparable recent sale is 6900 E Riverside DR # 6, Austin TX 78741, with an adjusted value of $198,335; with a larger floor plan. 3 comparable transactions in 78741 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