3204 Manchaca RD # 701, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $233,646. For a well positioned listing in IVY CONDO THE, I'd target the $169,000 to $179,000 range. 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 IVY CONDO THE. The smaller floor plan (290 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1985 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in IVY CONDO THE, listed between $194,900 and $454,000. 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 $185,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group