3108 E 51st ST # 901, Austin TX 78723

Taking into account 7 nearby comparable sales, this property's estimated value comes to $712,461. If we were to list this property today, I'd recommend a list price in the $400,000 to $410,000 range. This would position the home competitively among 7 active listings in GROVE. The smaller floor plan (1,045 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.08 for the typical comp. With 7 similar homes currently listed in GROVE (a seller's market), competition is a factor to consider. The 6 month price trend in GROVE: fallen 15%. The best comp here is 4415 Jackson Ave # 4301, Austin TX 78731 at an adjusted value of $592,760, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GROVE. 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