3108 E E. 51st Street ST # 1202, Austin TX 78723

The comparable sales data (7 recent transactions in GROVE) supports an estimated value of $735,613. The data suggests a list price between $407,000 and $417,000 would attract qualified buyers without leaving money on the table. This home's position in the current GROVE market: the most expensive of 4 comparable homes on the market among comparable properties. At 929 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.07 for the typical comp. There are currently 4 similar homes on the market in GROVE, ranging from $399,000 to $515,000. Prices in GROVE have fallen 12.8% over the last 6 months. A similar home at 4501 Jackson Ave # 5301, Austin TX 78731 carries an adjusted comparable value of $567,643, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in GROVE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group