3204 Menchaca RD # 502, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $244,021. Based on how the local market is moving, a list price between $199,000 and $209,000 would position this home well. This would position the home competitively among 7 active listings in IVY. The smaller floor plan (190 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. Right now, 7 similar properties are competing for buyers in IVY, listed between $194,900 and $385,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3734 Valley View RD # B, Austin TX 78704 at an adjusted value of $232,682, a strong comparable. The comp data here (7 sales in IVY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus