4325 Jackson Ave # 2302, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $682,598. Based on how the local market is moving, a list price between $421,000 and $431,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in GROVE's current inventory. This home's smaller footprint (1,115 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.07) contributes to the valuation. Current inventory shows 7 comparable homes in GROVE; a balanced market based on recent absorption. The 6 month price trend in GROVE: fallen 15%. The best comp here is 4501 Jackson Ave # 5301, Austin TX 78731 at an adjusted value of $518,400, with a larger floor plan. With 7 comparable sales in GROVE, 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