10300 Morado CV # 1002, Austin TX 78759

The market data from 7 similar recent sales in 78759 points to a value of approximately $556,124. To sell within a reasonable timeframe at fair market value, the $384,000 to $394,000 range is where I'd position this. Against 7 similar active listings in 78759, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2005 construction puts this home 16 years newer than the comp average, a factor in the pricing. At 17.00 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78759 (a balanced market), competition is a factor to consider. In 78759, home values have risen approximately 14.3% over the past 6 months. One of the strongest data points is 10300 Morado CV # 805, Austin TX 78759, adjusting to $366,669; with a larger floor plan. 7 comparable transactions in 78759 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