2602 E 6th ST # 2, Austin TX 78702

The market data from 7 similar recent sales in MORSLAND PLACE points to a value of approximately $602,158. To sell within a reasonable timeframe at fair market value, the $441,000 to $451,000 range is where I'd position this. With 3 comparable homes on the market in MORSLAND PLACE, this price positions the property as the most expensive of 3 comparable homes on the market. At 657 sqft smaller than the typical comp, the size difference factors into the valuation. The 2018 construction puts this home 21 years newer than the comp average, a factor in the pricing. The active market in MORSLAND PLACE includes 3 comparable homes priced from $420,000 to $699,000. In 78702, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 2603 Hidalgo ST, Austin TX 78702, adjusting to $593,949; 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