2605 Hidalgo ST # 1, Austin TX 78702

The comparable sales data (4 recent transactions in MORSLAND PLACE) supports an estimated value of $1,149,874. The data suggests a list price between $979,000 and $989,000 would attract qualified buyers without leaving money on the table. Buyers shopping in MORSLAND PLACE right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (151 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.15 acres versus 0.12 for the typical comp. Current inventory shows 7 comparable homes in MORSLAND PLACE; a buyer's market based on recent absorption. Prices in 78702 have fallen 4.8% over the last 6 months. A similar home at 2511 E 5th ST, Austin TX 78702 carries an adjusted comparable value of $940,025, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in MORSLAND PLACE. 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