1322 E 12th ST # 308, Austin TX 78702

After reviewing 7 recent transactions in ANGELINA & TH CONDOMINIUMS, I estimate this property's value at $530,997. A competitive list price for this home right now would fall in the $440,000 to $450,000 range. Relative to what's currently available in ANGELINA & TH CONDOMINIUMS, this home would be the 2nd most expensive of 7 comparable homes on the market. At 46 years newer than typical comps, the 2019 build date influences the valuation. The smaller lot (0.03 acres versus the area average of 0.11) contributes to the valuation. 7 similar homes are currently available in ANGELINA & TH CONDOMINIUMS, creating a buyer's market for this price range. Prices in 78702 have fallen 10.3% over the last 6 months. A similar home at 1197 Coleto ST, Austin TX 78702 carries an adjusted comparable value of $502,348, providing a strong data point. With 7 comparable sales in ANGELINA & TH CONDOMINIUMS, 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