704 W 21ST ST # 201, Austin TX 78705

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $571,672. I'd recommend coming to market at $560,000 to $583,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TWELVE OAKS CONDO, this price point stands out as competitive. Being 166 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 26 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in TWELVE OAKS CONDO; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 0.6% in the past 6 months. 44 East Ave # 1609, Austin TX 78701 nearby adjusts to $567,715; 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