10300 Morado CV # 506, Austin TX 78759

Based on 7 closed sales in MORADO COVE CONDO, the data points to a value around $603,268 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $486,000 to $496,000. This home's position in the current MORADO COVE CONDO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 2007 (16 years newer than comps) is factored into the value estimate. Lot size matters here: 0.31 acres versus 0.37 for the typical comp. The active market in MORADO COVE CONDO includes 7 comparable homes priced from $519,900 to $1,349,000. Market data shows 78759 prices risen 5.3% over the last half year. The closest comparable sale, 10300 Morado CV # 706, Austin TX 78759 at an adjusted $527,115, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in MORADO COVE CONDO. 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