2508 W 12th ST # 204, Austin TX 78703

The comparable sales data (7 recent transactions in PARK PLACE CONDO) supports an estimated value of $403,567. The data suggests a list price between $271,000 and $281,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in PARK PLACE CONDO's current inventory. Lot size matters here: 0.02 acres versus 0.10 for the typical comp. The active market in PARK PLACE CONDO includes 7 comparable homes priced from $249,000 to $799,000. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 2520 Quarry RD # 204, Austin TX 78703 carries an adjusted comparable value of $241,164, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PARK PLACE CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group