4109 E 12th ST # 1, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $546,190. To generate strong buyer interest while maximizing value, I'd price this between $568,000 and $666,000. With 3 comparable homes on the market in STREET PLACE CONDO, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 12 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in STREET PLACE CONDO (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 5% in the past 6 months. 5202 Rob Scott ST, Austin TX 78721 nearby adjusts to $525,553; a strong comparable. 4 comparable transactions in STREET PLACE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group