2108 E 12th ST, Austin TX 78702

The estimated value of this property is $547,852, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $287,000 and $297,000. With 5 comparable homes on the market in DIVISION, this price positions the property as the 0th most expensive of 5 comparable homes on the market. This home's smaller footprint (447 sqft vs the comp average) plays a role in how the market prices it. Built in 1946, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in DIVISION, listed between $275,000 and $459,000. Recent trends in DIVISION show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 1210 Coleto ST, Austin TX 78702, with an adjusted value of $471,956; with a larger floor plan. Based on 7 relevant data points in DIVISION, 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