3108 E 51st ST # 1204, Austin TX 78723

The comparable sales data (7 recent transactions in GROVE) supports an estimated value of $817,593. The data suggests a list price between $463,000 and $473,000 would attract qualified buyers without leaving money on the table. This home's position in the current GROVE market: the most expensive of 6 comparable homes on the market among comparable properties. Being 845 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.08 for the typical comp. The active market in GROVE includes 6 comparable homes priced from $435,000 to $525,000. Prices in GROVE have fallen 12.8% over the last 6 months. A similar home at 3904 Sightline ST # 125, Austin TX 78731 carries an adjusted comparable value of $653,737, providing a strong data point. 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