3108 E E. 51st ST # 1604, Austin TX 78723

The market data from 7 similar recent sales in GROVE points to a value of approximately $742,565. To sell within a reasonable timeframe at fair market value, the $427,000 to $437,000 range is where I'd position this. Among the similar homes currently available in GROVE, this price point stands out as competitive. The smaller floor plan (607 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. Buyers in GROVE have 6 comparable options right now, with asking prices between $429,900 and $525,000. In GROVE, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 4105 McKinley Fields DR # 88, Austin TX 78731, adjusting to $671,895; 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