2000 E 7 ST # 215, Austin TX 78702

My analysis of 3 comparable properties puts this home's estimated value at $471,274. Based on how the local market is moving, a list price between $500,000 and $506,000 would position this home well. This would position the home competitively among 3 active listings in MORSE'S. The smaller lot (0.00 acres versus the area average of 0.07) contributes to the valuation. 3 similar homes are currently available in MORSE'S, creating a buyer's market for this price range. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 720 Pedernales ST # B, Austin TX 78702 at an adjusted value of $458,601, with a smaller floor plan. The comp data here (3 sales in MORSE'S) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus