2931 E 12th ST # 208, Austin TX 78702

After reviewing 7 recent transactions in EAST END FLATS, I estimate this property's value at $399,508. A competitive list price for this home right now would fall in the $187,000 to $197,000 range. Relative to what's currently available in EAST END FLATS, this home would be the most expensive of 3 comparable homes on the market. At 706 sqft smaller than the typical comp, the size difference factors into the valuation. At 14 years newer than typical comps, the 2008 build date influences the valuation. Current inventory shows 3 comparable homes in EAST END FLATS; a buyer's market based on recent absorption. Prices in 78702 have fallen 10.8% over the last 6 months. A similar home at 1181 Ridgeway DR, Austin TX 78702 carries an adjusted comparable value of $420,711, providing a strong data point. The comp data here (7 sales in EAST END FLATS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus