15309 MORGAN CREEK CT, Austin TX 78717

Based on 7 closed sales in 78717, the data points to a value around $918,535 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,095,000 to $1,097,000. This home's position in the current 78717 market: the most affordable of 4 comparable homes on the market among comparable properties. At 418 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.27 for the typical comp. Current inventory shows 4 comparable homes in 78717; a buyer's market based on recent absorption. Market data shows 78717 prices fallen 4.9% over the last half year. The closest comparable sale, 15208 Sunningdale ST, Austin TX 78717 at an adjusted $1,097,242, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in 78717. 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