2103 E 8th ST # 1, Austin TX 78702

Based on 3 closed sales in MORSE FRED, the data points to a value around $694,380 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $674,000 to $715,000. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in MORSE FRED's current inventory. Being built in 2022 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.08 for the typical comp. There are currently 5 similar homes on the market in MORSE FRED, ranging from $609,900 to $829,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2411 Santa Rosa ST # A, Austin TX 78702 at an adjusted $685,498, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in MORSE FRED. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group