1201 Grove BLVD # 1402, Austin TX 78741

Taking into account 4 nearby comparable sales, this property's estimated value comes to $276,754. If we were to list this property today, I'd recommend a list price in the $268,000 to $285,000 range. This home's position in the current BOULEVARD A CONDO market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (127 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2005 (5 years older than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in BOULEVARD A CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 1.1%. The best comp here is 1201 Grove BLVD # 1102, Austin TX 78741 at an adjusted value of $267,250, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in BOULEVARD A CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group