3108 E 51st ST # 1201, Austin TX 78723

The estimated value of this property is $767,758, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $409,000 and $419,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in GROVE. At 501 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in GROVE, ranging from $389,900 to $625,000. Recent trends in GROVE show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 4105 McKinley Fields DR # 88, Austin TX 78731, with an adjusted value of $695,997; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group