3207 Grooms ST # 2, Austin TX 78705

My analysis of 4 comparable properties puts this home's estimated value at $303,599. Based on how the local market is moving, a list price between $312,000 and $333,000 would position this home well. This would position the home competitively among 3 active listings in 78705. The smaller lot (0.04 acres versus the area average of 0.09) contributes to the valuation. Right now, 3 similar properties are competing for buyers in 78705, listed between $279,500 and $359,900. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 3111 Tom Green ST # 303, Austin TX 78705 at an adjusted value of $286,910, a strong comparable. The comp data here (4 sales in 78705) 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