1322 E 12th ST # 406, 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. In the current ANGELINA+12TH CONDOMINIUMS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 163 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.00 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Buyers in ANGELINA+12TH CONDOMINIUMS have 3 comparable options right now, with asking prices between $499,000 and $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