2610 Hidalgo ST, Austin TX 78702

Based on 3 closed sales in SIMMS PAUL, the data points to a value around $604,895 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $896,000 to $923,000. This would position the home competitively among 7 active listings in SIMMS PAUL. The 215 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2007 (5 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SIMMS PAUL; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 2.6% over the last half year. The closest comparable sale, 2510 Diaz ST, Austin TX 78702 at an adjusted $713,660, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in SIMMS PAUL. 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