3108 E 51st ST # 903, Austin TX 78723

Based on 7 closed sales in GROVE, the data points to a value around $882,031 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $390,000 to $400,000. This would position the home competitively among 7 active listings in GROVE. The smaller floor plan (1,071 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.12 acres versus 0.08 for the typical comp. With 7 similar homes currently listed in GROVE (a balanced market), competition is a factor to consider. Market data shows GROVE prices fallen 13.5% over the last half year. The closest comparable sale, 4501 Jackson Ave # 5301, Austin TX 78731 at an adjusted $702,973, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus