1304 Morgan LN, Austin TX 78704

The estimated value of this property is $442,260, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,140,000 and $1,153,000. Among the similar homes currently available in BANISTER HEIGHTS, this price point stands out as competitive. At 1,404 sqft larger than the typical comp, the size difference factors into the valuation. The 0.21 acre lot (larger than the 0.17 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in BANISTER HEIGHTS, ranging from $1,195,000 to $1,650,000. Recent trends in 78704 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 3100 Brinwood Ave, Austin TX 78704, with an adjusted value of $491,115; with a smaller floor plan. Based on 7 relevant data points in BANISTER HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX