2612 12th ST # 205, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,044,457. For a well positioned listing in WESTFIELD, I'd target the $1,138,000 to $1,213,000 range. Against 3 similar active listings in WESTFIELD, this price point lands at the most expensive of 3 comparable homes on the market. At 134 sqft smaller than the typical comp, the size difference factors into the valuation. The 2013 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in WESTFIELD; a buyer's market based on recent absorption. Recent trends in WESTFIELD show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 1603 Woodlawn BLVD # B, Austin TX 78703, with an adjusted value of $1,137,821; a strong comparable. 4 comparable transactions in WESTFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group