1200 E 11th ST # 205, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $426,121. To generate strong buyer interest while maximizing value, I'd price this between $318,000 and $328,000. Among the similar homes currently available in EAST THE, this price point stands out as competitive. The 2008 construction puts this home 50 years newer than the comp average, a factor in the pricing. At 0.02 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. 6 similar homes are currently available in EAST THE, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2014 E 9th ST # 2, Austin TX 78702 nearby adjusts to $488,510; a strong comparable. 7 comparable transactions in EAST THE 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