6611 Grover Ave, Austin TX 78757

The estimated value of this property is $574,893, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $426,000 and $436,000. With 7 comparable homes on the market in VIOLET CROWN HEIGHTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 105 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1935, this home is 15 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in VIOLET CROWN HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in VIOLET CROWN HEIGHTS show home values have risen 82.3% since 6 months ago. The most comparable recent sale is 6505 Grover Ave # 1, Austin TX 78757, with an adjusted value of $534,640; a strong comparable. Based on 3 relevant data points in VIOLET CROWN HEIGHTS, 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