3402 Grooms ST, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $774,063. To generate strong buyer interest while maximizing value, I'd price this between $278,000 and $288,000. Against 7 similar active listings in GROOMS, this price point lands at the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in GROOMS; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 40.4% in the past 6 months. 4316 Avenue C, Austin TX 78751 nearby adjusts to $825,461; a strong comparable. 6 comparable transactions in GROOMS 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