400 E 30th ST # 202, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $364,124. To generate strong buyer interest while maximizing value, I'd price this between $248,000 and $258,000. Against 7 similar active listings in GROOMS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1967 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.33 acres, the lot is larger than the 0.04 acre comp average, which factors into pricing. 7 similar homes are currently available in GROOMS, creating a buyer's market for this price range. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 1800 Lavaca ST # A507, Austin TX 78701 nearby adjusts to $318,138; 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