2508 E 6th ST # B, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $604,746. To generate strong buyer interest while maximizing value, I'd price this between $411,000 and $421,000. With 4 comparable homes on the market in MORSLAND PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. At 750 sqft smaller than the typical comp, the size difference factors into the valuation. The 2016 construction puts this home 8 years newer than the comp average, a factor in the pricing. 4 similar homes are currently available in MORSLAND PLACE, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 2605 Hidalgo ST # 1, Austin TX 78702 nearby adjusts to $687,650; with a larger floor plan. 7 comparable transactions in MORSLAND PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group