505 Tillery # 12, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $464,830. I'd recommend coming to market at $217,000 to $227,000 to strike the right balance between value and market velocity. In the current EAST TH CONDOS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The smaller floor plan (642 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2016, this home is 30 years newer than the average comp, which is reflected in the adjustments. The active market in EAST TH CONDOS includes 4 comparable homes priced from $224,999 to $320,000. The trend in 78702 shows prices have risen 0% in the past 6 months. 2507 Diaz ST, Austin TX 78702 nearby adjusts to $341,273; 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