2708 E 12th ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $775,370. To generate strong buyer interest while maximizing value, I'd price this between $806,000 and $814,000. Against 4 similar active listings in 78702, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Being 258 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2014 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in 78702, listed between $675,000 and $809,500. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1600 Singleton Ave, Austin TX 78702 nearby adjusts to $814,071; with a smaller floor plan. 3 comparable transactions in 78702 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