3204 Menchaca RD # 612, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $287,509. To generate strong buyer interest while maximizing value, I'd price this between $214,000 and $224,000. With 7 comparable homes on the market in IVY CONDO THE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1985 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in IVY CONDO THE includes 7 comparable homes priced from $225,000 to $825,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3601 Menchaca RD # 105, Austin TX 78704 nearby adjusts to $319,412; a strong comparable. 4 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