3108 E 51st ST # 1402, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $408,752. To generate strong buyer interest while maximizing value, I'd price this between $444,000 and $445,000. With 7 comparable homes on the market in GROVE CONDOS BLDG, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.01 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Buyers in GROVE CONDOS BLDG have 7 comparable options right now, with asking prices between $375,000 and $545,000. The trend in 78723 shows prices have risen 0.5% in the past 6 months. 3108 E 51st ST # 1101, Austin TX 78723 nearby adjusts to $372,077; with a larger floor plan. 7 comparable transactions in GROVE CONDOS BLDG 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