3200 Grandview ST # 16, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $884,452. To generate strong buyer interest while maximizing value, I'd price this between $485,000 and $495,000. Against 7 similar active listings in VERDANCE CONDO, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (165 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2009 construction puts this home 21 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in VERDANCE CONDO, listed between $499,000 and $1,165,000. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 3200 Grandview ST # 15, Austin TX 78705 nearby adjusts to $564,684; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group