3204 Manchaca RD # 705, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $233,646. Based on how the local market is moving, a list price between $169,000 and $179,000 would position this home well. Relative to what's currently available in IVY CONDO THE, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (290 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years newer than typical comps, the 1985 build date influences the valuation. Current inventory shows 7 comparable homes in IVY CONDO THE; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3204 Menchaca RD # 710, Austin TX 78704 at an adjusted value of $185,000, a strong comparable. With 7 comparable sales in IVY CONDO THE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group