7525 Grover Ave, Austin TX 78757

The market data from 7 similar recent sales in CRESTVIEW points to a value of approximately $488,484. To sell within a reasonable timeframe at fair market value, the $196,000 to $206,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in CRESTVIEW. The 1954 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CRESTVIEW, listed between $179,000 and $788,000. In CRESTVIEW, home values have fallen approximately 35.2% over the past 6 months. One of the strongest data points is 1502 Madison Ave, Austin TX 78757, adjusting to $536,283; with a smaller floor plan. 7 comparable transactions in CRESTVIEW 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