1308 Morgan, Austin TX 78704

After reviewing 7 recent transactions in BANISTER HEIGHTS, I estimate this property's value at $498,595. A competitive list price for this home right now would fall in the $382,000 to $392,000 range. This would position the home competitively among 7 active listings in BANISTER HEIGHTS. At 24 years older than typical comps, the 1945 build date influences the valuation. The larger lot (0.50 acres versus the area average of 0.18) contributes to the valuation. Buyers in BANISTER HEIGHTS have 7 comparable options right now, with asking prices between $339,000 and $579,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 1608 Morgan LN, Austin TX 78704 carries an adjusted comparable value of $681,773, providing a strong data point. With 7 comparable sales in BANISTER HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group