2931 E 12th # 107, Austin TX 78702

Based on 7 closed sales in EAST END FLATS, the data points to a value around $370,394 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $209,000 to $219,000. This home's position in the current EAST END FLATS market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (526 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (13 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in EAST END FLATS (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 1181 Ridgeway DR, Austin TX 78702 at an adjusted $420,711, is with a larger floor plan. 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