400 E 30th ST # 104, Austin TX 78705

Based on 7 closed sales in GROOMS, the data points to a value around $363,347 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $247,000 to $257,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in GROOMS's current inventory. Being built in 1967 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.33 acres versus 0.04 for the typical comp. The active market in GROOMS includes 7 comparable homes priced from $269,898 to $479,000. Market data shows 78705 prices fallen 12% over the last half year. The closest comparable sale, 1800 Lavaca ST # A507, Austin TX 78701 at an adjusted $317,509, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GROOMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group