3204 Manchaca RD # 709, Austin TX 78704

After reviewing 7 recent transactions in IVY CONDO THE, I estimate this property's value at $233,646. A competitive list price for this home right now would fall in the $169,000 to $179,000 range. This home's position in the current IVY CONDO THE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 290 sqft smaller than the typical comp, the size difference factors into the valuation. 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. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 3204 Menchaca RD # 710, Austin TX 78704 carries an adjusted comparable value of $185,000, providing a strong data point. 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