1201 Grove BLVD # 3002, Austin TX 78741

After reviewing 3 recent transactions in BOULEVARD A CONDO, I estimate this property's value at $269,178. A competitive list price for this home right now would fall in the $375,000 to $393,000 range. Relative to what's currently available in BOULEVARD A CONDO, this home would be the 3rd 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. At 6 years older than typical comps, the 2005 build date influences the valuation. Current inventory shows 7 comparable homes in BOULEVARD A CONDO; a buyer's market based on recent absorption. Prices in BOULEVARD A CONDO have fallen 13.4% over the last 6 months. A similar home at 6900 E Riverside DR # 6, Austin TX 78741 carries an adjusted comparable value of $198,335, providing a strong data point. With 3 comparable sales in BOULEVARD A CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group