1201 Grove BLVD # 2503, Austin TX 78741

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $263,252. Pricing this home between $299,000 and $312,000 would put it in the competitive sweet spot for 78741. This home's position in the current 78741 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being 184 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. There are currently 4 similar homes on the market in 78741, ranging from $265,000 to $325,000. Market data shows 78741 prices fallen 1.1% over the last half year. The closest comparable sale, 1201 Grove BLVD # 1102, Austin TX 78741 at an adjusted $235,467, is a strong comparable. The comp data here (5 sales in 78741) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus