2504 W 12th ST, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $1,638,631 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,353,000 to $1,363,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78703's current inventory. The 168 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1989 (18 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in 78703, creating a buyer's market for this price range. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 2312 W 8th ST, Austin TX 78703 at an adjusted $1,464,212, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus