3100 Menchaca RD # 47, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $773,994. Based on how the local market is moving, a list price between $795,000 and $803,000 would position this home well. Relative to what's currently available in LAAN, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 7 of the 7 comps lacked one. 3 similar homes are currently available in LAAN, creating a buyer's market for this price range. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3100 Menchaca RD # 48, Austin TX 78704 at an adjusted value of $781,440, with no pool. 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