1604 Morgan LN unit A, Austin TX 78704

Based on 7 closed sales in BANISTER HEIGHTS, the data points to a value around $471,567 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $391,000 to $401,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in BANISTER HEIGHTS's current inventory. Being built in 1997 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.19 acres versus 0.12 for the typical comp. The active market in BANISTER HEIGHTS includes 7 comparable homes priced from $339,000 to $599,900. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 1608 Morgan LN, Austin TX 78704 at an adjusted $693,063, is with a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus