3108 E 51st ST # 1702, Austin TX 78723

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $405,223. Pricing this home between $434,000 and $435,000 would put it in the competitive sweet spot for GROVE CONDOMINIUMS. Relative to what's currently available in GROVE CONDOMINIUMS, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in GROVE CONDOMINIUMS; a buyer's market based on recent absorption. Market data shows 78723 prices risen 1.8% over the last half year. The closest comparable sale, 4701 Star Jasmine DR # 105, Austin TX 78723 at an adjusted $411,057, is a strong comparable. The comp data here (7 sales in GROVE CONDOMINIUMS) 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