3007 E 12th ST # 4, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $500,062. I'd recommend coming to market at $571,000 to $605,000 to strike the right balance between value and market velocity. Against 3 similar active listings in HUSTON SAM HEIGHTS ANNEX, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2017, this home is 10 years newer than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in HUSTON SAM HEIGHTS ANNEX, ranging from $429,000 to $825,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 3007 E 12th ST # 4, Austin TX 78702 nearby adjusts to $407,761; 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