1300 Morgan LN, Austin TX 78704

The comparable sales data (3 recent transactions in BANISTER HEIGHTS) supports an estimated value of $590,985. The data suggests a list price between $294,000 and $304,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in BANISTER HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. At 163 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.26 acres versus 0.19 for the typical comp. Current inventory shows 7 comparable homes in BANISTER HEIGHTS; a buyer's market based on recent absorption. Prices in 78704 have fallen 2.3% over the last 6 months. A similar home at 1608 Morgan LN, Austin TX 78704 carries an adjusted comparable value of $717,417, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in BANISTER HEIGHTS. 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