3100 Manchaca RD # 49, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $637,717. Pricing this home between $625,000 and $650,000 would put it in the competitive sweet spot for LAAN. Buyers shopping in LAAN right now would see this as a well positioned option among 5 comparable homes. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. Current inventory shows 5 comparable homes in LAAN; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 0.6% over the last half year. The closest comparable sale, 1123 Blair WAY, Austin TX 78704 at an adjusted $523,366, is a strong comparable. The comp data here (7 sales in LAAN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus