2931 E 12th ST # 301, Austin TX 78702

Based on 7 closed sales in EAST END FLATS, the data points to a value around $399,565 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $222,000 to $232,000. Relative to what's currently available in EAST END FLATS, this home would be the most expensive of 7 comparable homes on the market. Being 639 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2008 (14 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in EAST END FLATS, ranging from $215,800 to $379,999. Market data shows 78702 prices fallen 7% over the last half year. The closest comparable sale, 1181 Ridgeway DR, Austin TX 78702 at an adjusted $421,094, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in EAST END FLATS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group