908 E 55th ST, Austin TX 78751

After reviewing 3 recent transactions in MORNINGSIDE, I estimate this property's value at $451,617. A competitive list price for this home right now would fall in the $498,000 to $521,000 range. Relative to what's currently available in MORNINGSIDE, this home would be the most affordable of 3 comparable homes on the market. The larger lot (0.19 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 3 comparable homes in MORNINGSIDE; a seller's market based on recent absorption. Prices in MORNINGSIDE have risen 8.4% over the last 6 months. A similar home at 932 E 53 1/2 ST, Austin TX 78751 carries an adjusted comparable value of $365,294, providing a strong data point. The comp data here (3 sales in MORNINGSIDE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus