1200 E 11th ST # 305, Austin TX 78702

Based on 7 closed sales in EAST THE, the data points to a value around $592,418 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $441,000 to $451,000. This home's position in the current EAST THE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2008 (18 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in EAST THE, creating a buyer's market for this price range. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 1313 E 13th ST, Austin TX 78702 at an adjusted $662,883, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus