2002 E 7th ST # 203, Austin TX 78702

After reviewing 6 recent transactions in MORSE'S, I estimate this property's value at $427,636. A competitive list price for this home right now would fall in the $470,000 to $510,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in MORSE'S's current inventory. At 5 years newer than typical comps, the 2017 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.04) contributes to the valuation. There are currently 3 similar homes on the market in MORSE'S, ranging from $418,999 to $799,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 2124 E 6th ST # 420, Austin TX 78702 carries an adjusted comparable value of $364,503, providing a strong data point. The comp data here (6 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