3108 E 51st ST # 1602, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $485,350. To generate strong buyer interest while maximizing value, I'd price this between $476,000 and $495,000. In the current GROVE CONDOS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 154 sqft smaller than the average comparable sale in this area impacts the per square foot value. The active market in GROVE CONDOS includes 3 comparable homes priced from $225,000 to $444,900. The trend in 78723 shows prices have risen 0.9% in the past 6 months. 4701 Star Jasmine DR # 105, Austin TX 78723 nearby adjusts to $449,243; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group