3108 E 51st ST # 704, Austin TX 78723

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $780,469. Pricing this home between $459,000 and $469,000 would put it in the competitive sweet spot for GROVE. This would position the home competitively among 5 active listings in GROVE. The 789 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. The active market in GROVE includes 5 comparable homes priced from $440,800 to $525,000. Market data shows GROVE prices fallen 13.7% over the last half year. The closest comparable sale, 4105 McKinley Fields DR # 88, Austin TX 78731 at an adjusted $628,661, is with a larger 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