400 E 30th ST # 204, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $442,673. For a well positioned listing in GROOMS, I'd target the $252,000 to $262,000 range. With 7 comparable homes on the market in GROOMS, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.33 acres, the lot is larger than the 0.06 acre comp average, which factors into pricing. 7 similar homes are currently available in GROOMS, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 1800 Lavaca ST # A507, Austin TX 78701, with an adjusted value of $322,088; a strong comparable. 7 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