5102 Grover Ave # B, Austin TX 78756

The market data from 7 similar recent sales in 78756 points to a value of approximately $418,112. To sell within a reasonable timeframe at fair market value, the $345,000 to $355,000 range is where I'd position this. Among the similar homes currently available in 78756, this price point stands out as competitive. The 2019 construction puts this home 33 years newer than the comp average, a factor in the pricing. At 0.05 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. 7 similar homes are currently available in 78756, creating a balanced market for this price range. In 78756, home values have fallen approximately 20.5% over the past 6 months. One of the strongest data points is 1204 W 51st ST # 2, Austin TX 78756, adjusting to $409,368; a strong comparable. 7 comparable transactions in 78756 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