300 LE GRANDE Ave # 5, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $976,853. I'd recommend coming to market at $1,165,000 to $1,183,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in LE GRANDE CONDOMINIUMS. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in LE GRANDE CONDOMINIUMS; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 6.3% in the past 6 months. 2140 Sage Creek LOOP, Austin TX 78704 nearby adjusts to $695,743; a strong comparable. Based on 5 relevant data points in LE GRANDE CONDOMINIUMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX