400 E 30th ST # 206, Austin TX 78705

My analysis of 7 comparable properties puts this home's estimated value at $363,382. Based on how the local market is moving, a list price between $247,000 and $257,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in GROOMS's current inventory. 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. The active market in GROOMS includes 7 comparable homes priced from $269,899 to $479,000. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 1800 Lavaca ST # A507, Austin TX 78701 at an adjusted value of $317,545, 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