2706 E 12th ST, Austin TX 78702

Based on 3 closed sales in 78702, the data points to a value around $780,995 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $816,000 to $824,000. Buyers shopping in 78702 right now would see this as a well positioned option among 3 comparable homes. The 300 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2014 (5 years older than comps) is factored into the value estimate. 3 similar homes are currently available in 78702, creating a buyer's market for this price range. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 1600 Singleton Ave, Austin TX 78702 at an adjusted $823,878, is with a smaller floor plan. This estimate draws on 3 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