2508 E 6 ST # A, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $928,279. To generate strong buyer interest while maximizing value, I'd price this between $1,001,000 and $1,014,000. Against 7 similar active listings in MORSLAND PLACE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 236 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.11 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in MORSLAND PLACE, listed between $785,000 and $1,425,000. The trend in 78702 shows prices have fallen 6.5% in the past 6 months. 2605 Hidalgo ST # 1, Austin TX 78702 nearby adjusts to $761,668; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group