3108 E 51st ST # 504, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $763,964. To generate strong buyer interest while maximizing value, I'd price this between $398,000 and $408,000. Among the similar homes currently available in GROVE, this price point stands out as competitive. The 1,042 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GROVE; a seller's market based on recent absorption. The trend in GROVE shows prices have fallen 13.3% in the past 6 months. 4105 McKinley Fields DR # 88, Austin TX 78731 nearby adjusts to $629,262; with a larger floor plan. 7 comparable transactions in GROVE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group