1412 E 3rd ST # A, Austin TX 78702

The estimated value of this property is $977,669, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $784,000 and $794,000. Against 7 similar active listings in 78702, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (270 sqft vs the comp average) plays a role in how the market prices it. The 0.05 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78702, listed between $819,000 and $1,568,000. Recent trends in 78702 show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 1215 Shore District DR, Austin TX 78741, with an adjusted value of $743,278; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group