1322 E 12th ST # 204, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $483,405. I'd recommend coming to market at $469,000 to $498,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in ANGELINA+12TH CONDOMINIUMS. The larger floor plan (163 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in ANGELINA+12TH CONDOMINIUMS, ranging from $499,000 to $629,000. The trend in 78702 shows prices have fallen 5% in the past 6 months. 2205 Sl Davis Ave # 2, Austin TX 78702 nearby adjusts to $436,650; a strong comparable. Based on 5 relevant data points in ANGELINA+12TH CONDOMINIUMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX