4117-2 12th ST, Austin TX 78721

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $464,593. Pricing this home between $560,000 and $580,000 would put it in the competitive sweet spot for 78721. This home's position in the current 78721 market: the most affordable of 7 comparable homes on the market among comparable properties. At 30 years newer than typical comps, the 2004 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.21) contributes to the valuation. Buyers in 78721 have 7 comparable options right now, with asking prices between $450,000 and $745,000. Market data shows 78721 prices fallen 5% over the last half year. The closest comparable sale, 3510 Oak Springs DR, Austin TX 78721 at an adjusted $419,051, is a strong comparable. With 7 comparable sales in 78721, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group