3007 E 12th ST # 1, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $599,451. Based on how the local market is moving, a list price between $414,000 and $424,000 would position this home well. Buyers shopping in HUSTON SAM HEIGHTS ANNEX right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (503 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.39 acres versus the area average of 0.12) contributes to the valuation. There are currently 3 similar homes on the market in HUSTON SAM HEIGHTS ANNEX, ranging from $395,000 to $550,000. The 6 month price trend in 78702: risen 0.4%. The best comp here is 3101 Govalle Ave # 308, Austin TX 78702 at an adjusted value of $459,402, a strong comparable. The comp data here (7 sales in HUSTON SAM HEIGHTS ANNEX) 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