400 E 33rd ST # 1, Austin TX 78705

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,550,172. I'd recommend coming to market at $1,870,000 to $2,309,000 to strike the right balance between value and market velocity. In the current GROOMS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (278 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in GROOMS, listed between $1,532,727 and $3,399,000. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 3207 Fairfax WALK, Austin TX 78705 nearby adjusts to $1,870,190; a strong comparable. Based on 3 relevant data points in GROOMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX