3100 Menchaca RD # 23, Austin TX 78704

The market data from 7 similar recent sales in LAAN CONDOS BLDG points to a value of approximately $684,656. To sell within a reasonable timeframe at fair market value, the $688,000 to $726,000 range is where I'd position this. In the current LAAN CONDOS BLDG market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 0.05 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in LAAN CONDOS BLDG, listed between $699,000 and $749,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3100 Menchaca RD # 6, Austin TX 78704, adjusting to $633,424; a strong comparable. 7 comparable transactions in LAAN CONDOS BLDG 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