400 E 30 ST # 103, Austin TX 78705

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $386,891. Pricing this home between $217,000 and $227,000 would put it in the competitive sweet spot for GROOMS. Buyers shopping in GROOMS right now would see this as a well positioned option among 7 comparable homes. At 7 years older than typical comps, the 1967 build date influences the valuation. The larger lot (0.33 acres versus the area average of 0.04) contributes to the valuation. With 7 similar homes currently listed in GROOMS (a buyer's market), competition is a factor to consider. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 1800 Lavaca ST # A507, Austin TX 78701 at an adjusted $314,188, is a strong comparable. With 7 comparable sales in GROOMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group