3100 Menchaca RD # 21, Austin TX 78704

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $718,526. I'd recommend coming to market at $791,000 to $842,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAAN CONDOS BLDG. The 0.06 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAAN CONDOS BLDG, listed between $619,000 and $899,000. The trend in 78704 shows prices have fallen 2.8% in the past 6 months. 3100 Menchaca RD # 6, Austin TX 78704 nearby adjusts to $645,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group