1318 Morgan LN, Austin TX 78704

The market data from 7 similar recent sales in BANISTER HEIGHTS OF THE points to a value of approximately $354,572. To sell within a reasonable timeframe at fair market value, the $471,000 to $483,000 range is where I'd position this. Against 7 similar active listings in BANISTER HEIGHTS OF THE, this price point lands at the most affordable of 7 comparable homes on the market. The 1906 construction puts this home 82 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in BANISTER HEIGHTS OF THE, creating a buyer's market for this price range. In 78704, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 4203 Clawson RD # 2, Austin TX 78704, adjusting to $483,493; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group