1201 Grove BLVD # 2601, Austin TX 78741

The market data from 7 similar recent sales in BOULEVARD A CONDO points to a value of approximately $199,825. To sell within a reasonable timeframe at fair market value, the $127,000 to $137,000 range is where I'd position this. In the current BOULEVARD A CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (270 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in BOULEVARD A CONDO; a buyer's market based on recent absorption. In BOULEVARD A CONDO, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 1201 Grove BLVD # 2803, Austin TX 78741, adjusting to $215,000; a strong comparable. 7 comparable transactions in BOULEVARD A CONDO 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