3100 Manchaca # 51, Austin TX 78704

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $710,081. Pricing this home between $734,000 and $823,000 would put it in the competitive sweet spot for LAAN. This would position the home competitively among 7 active listings in LAAN. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 7 comparable homes in LAAN; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 2.8% over the last half year. The closest comparable sale, 4601 Hank Ave # 2, Austin TX 78745 at an adjusted $652,391, is a strong comparable. With 5 comparable sales in LAAN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group