3309 Grooms ST # 204, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $345,541. To generate strong buyer interest while maximizing value, I'd price this between $454,000 and $489,000. Among the similar homes currently available in ESCALA TH CONDO, this price point stands out as competitive. The 1949 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ESCALA TH CONDO; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 17.5% in the past 6 months. 1310 Harriet CT, Austin TX 78756 nearby adjusts to $383,489; a strong comparable. 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