2931 12th ST # 106, Austin TX 78702

The estimated value of this property is $253,553, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $304,000 and $325,000. In the current 78702 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1807 Poquito ST # 39, Austin TX 78702, with an adjusted value of $174,487; a strong comparable. 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