2931 E 12th ST # 106, Austin TX 78702

The estimated value of this property is $370,434, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $208,000 and $218,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in EAST END FLATS. The 532 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 13 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in EAST END FLATS (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1181 Ridgeway DR, Austin TX 78702, with an adjusted value of $420,730; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group