2827 Manor RD # 2201, Austin TX 78722

Based on 7 closed sales in 78722, the data points to a value around $713,936 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $597,000 to $607,000. This would position the home competitively among 7 active listings in 78722. Lot size matters here: 0.00 acres versus 0.09 for the typical comp. There are currently 7 similar homes on the market in 78722, ranging from $535,000 to $995,000. Market data shows 78722 prices fallen 15.5% over the last half year. The closest comparable sale, 2709 E 13th ST, Austin TX 78702 at an adjusted $553,299, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78722. 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