3204 Manchaca RD # 503, Austin TX 78704

The estimated value of this property is $253,714, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $196,000 and $206,000. With 6 comparable homes on the market in IVY CONDO THE, this price positions the property as the most expensive of 6 comparable homes on the market. At 190 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1985, this home is 7 years newer than the average comp, which is reflected in the adjustments. Buyers in IVY CONDO THE have 6 comparable options right now, with asking prices between $194,900 and $250,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 3204 Menchaca RD # 710, Austin TX 78704, with an adjusted value of $210,195; 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