3108 E 51st ST # 601, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $704,230. Based on how the local market is moving, a list price between $360,000 and $370,000 would position this home well. Relative to what's currently available in GROVE, this home would be the most expensive of 7 comparable homes on the market. The 894 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2016 build date influences the valuation. Buyers in GROVE have 7 comparable options right now, with asking prices between $360,000 and $545,000. The 6 month price trend in GROVE: fallen 13.5%. The best comp here is 4415 Jackson Ave # 4301, Austin TX 78731 at an adjusted value of $607,180, with a smaller floor plan. The comp data here (7 sales in GROVE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus