3204 Menchaca RD # 103, Austin TX 78704

This home was listed at $264,999 and was on the market for 83 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $283,647. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 2 similar homes available at lower price points, which may have given buyers other options. Built in 1985, this home may have faced competition from newer construction in the area priced similarly. Being 141 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1985 construction puts this home 10 years newer than the comp average, a factor in the pricing. 7 comparable transactions in IVY CONDO THE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group