Welcome back to our real estate blog, where we bring you the latest property transactions and market updates. Today, we are examining a notable single-family residence sale in Morrison that highlights current trends in acreage and suburban valuation.
Property records show that the home located at 15207 Henry Road officially changed hands on September 15. This transaction offers a fascinating look into square footage pricing and the high demand for properties with room to breathe.
Property Overview and Transaction Details
The final purchase price for the Morrison residence was settled at $450,000. When breaking down the overall financial commitment, this valuation translates to approximately $166 per square foot of living space.
Understanding these metrics is vital for anyone keeping an eye on the market. For more deep dives into property valuation, you can explore our comprehensive collection of informational guides to stay fully informed.
Interior Spaces and Layout
Originally constructed in 2003, the house features a well-established structure that blends durability with comfortable living. The interior living space spans a generous total of 2,708 square feet.
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Inside the residence, potential buyers will find three designated bedrooms available for family and guests. The home is also thoughtfully equipped with a total of three bathrooms to ensure daily convenience.
Exterior Features and Lot Size
In addition to the physical structure, the property sits on an exceptionally generous lot. This expansive parcel of land spans a total area of 5.3 acres, providing incredible privacy.
Large acreage paired with a mid-2000s build offers a unique aesthetic appeal often celebrated in regional architecture styles. Buyers increasingly value this combination of open land and functional interior design.
Market Implications for Buyers
Transactions like the Henry Road sale demonstrate how suburban buyers continue to find value outside dense urban cores. Getting more than five acres of land for under half a million dollars remains an attractive proposition in many regions.
If you are planning your own property journey, keeping track of modern home design trends can help you spot hidden gems. Every architectural era brings distinct advantages to the table.
Key Takeaways from the Sale
To summarize the key highlights of this recent Morrison real estate transaction, we have broken down the vital statistics below for your quick review.
Here are the primary features of the property:
- Final Sale Price: $450,000 recorded on September 15.
- Price Per Square Foot: Approximately $166 based on living space.
- Year Built: Established structure originally constructed in 2003.
- Living Area: A total interior footprint of 2,708 square feet.
- Bedrooms and Bathrooms: Three designated bedrooms and three bathrooms.
- Lot Dimensions: An expansive outdoor setting spanning 5.3 acres.
Properties offering this much acreage paired with a comfortable layout do not stay quiet for long. We will continue monitoring the local market for similar high-value transactions.
Be sure to check back for more updates on regional housing shifts. You can also browse our broader library of architecture articles for further reading on market movements.
Here is the source article for this story: Three-bedroom home sells in Morrison for $450,000
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