1200 E 11th ST # 303, Austin TX 78702

Based on 7 closed sales in EAST THE, the data points to a value around $592,808 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $473,000 to $483,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in EAST THE's current inventory. Being built in 2008 (22 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.12 for the typical comp. Right now, 7 similar properties are competing for buyers in EAST THE, listed between $470,000 and $899,000. Market data shows 78702 prices fallen 1.7% over the last half year. The closest comparable sale, 2508 E 9th ST # 1, Austin TX 78702 at an adjusted $722,628, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in EAST THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group