1200 E 11th ST # 208, Austin TX 78702

After reviewing 7 recent transactions in EAST THE, I estimate this property's value at $665,962. A competitive list price for this home right now would fall in the $448,000 to $458,000 range. This would position the home competitively among 7 active listings in EAST THE. At 27 years newer than typical comps, the 2008 build date influences the valuation. The smaller lot (0.03 acres versus the area average of 0.11) contributes to the valuation. There are currently 7 similar homes on the market in EAST THE, ranging from $420,000 to $700,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 1313 E 13th ST, Austin TX 78702 carries an adjusted comparable value of $672,153, providing a strong data point. With 7 comparable sales in EAST THE, 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