1201 Grove BLVD # 1702, Austin TX 78741

The market data from 3 similar recent sales in BOULEVARD A CONDO points to a value of approximately $237,700. To sell within a reasonable timeframe at fair market value, the $257,000 to $268,000 range is where I'd position this. With 3 comparable homes on the market in BOULEVARD A CONDO, this price positions the property as the most affordable of 3 comparable homes on the market. At 133 sqft smaller than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in BOULEVARD A CONDO (a buyer's market), competition is a factor to consider. 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 # 1404, Austin TX 78741, adjusting to $243,834; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group