1322 E 12th ST # 208, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $483,405. To generate strong buyer interest while maximizing value, I'd price this between $469,000 and $498,000. Against 3 similar active listings in ANGELINA+12TH CONDOMINIUMS, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (163 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. The active market in ANGELINA+12TH CONDOMINIUMS includes 3 comparable homes priced 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. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group