10418 Old Manchaca RD, Austin TX 78748

The market data from 3 similar recent sales in SOUTHWEST GATE points to a value of approximately $640,130. To sell within a reasonable timeframe at fair market value, the $500,000 to $510,000 range is where I'd position this. Among the similar homes currently available in SOUTHWEST GATE, this price point stands out as competitive. At 0.75 acres, the lot is larger than the 0.63 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SOUTHWEST GATE; a balanced market based on recent absorption. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 10111 Rocking Horse RD, Austin TX 78748, adjusting to $804,991; with a larger floor plan. 3 comparable transactions in SOUTHWEST GATE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group