3001 Cedar ST # 212, Austin TX 78705

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $103,699. Pricing this home between $102,000 and $106,000 would put it in the competitive sweet spot for 78705. This home's position in the current 78705 market: the most affordable of 7 comparable homes on the market among comparable properties. The smaller lot (0.02 acres versus the area average of 0.06) contributes to the valuation. The active market in 78705 includes 7 comparable homes priced from $299,500 to $355,000. Market data shows 78705 prices fallen 15.1% over the last half year. The closest comparable sale, 203 E 31st ST # 304, Austin TX 78705 at an adjusted $337,294, is a strong comparable. The comp data here (3 sales in 78705) 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