3204 Menchaca RD # 609, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $351,381. Based on how the local market is moving, a list price between $209,000 and $219,000 would position this home well. Buyers shopping in IVY CONDO THE right now would see this as a well positioned option among 7 comparable homes. At 39 years newer than typical comps, the 2014 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.11) contributes to 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 # 216, Austin TX 78704 at an adjusted value of $255,445, 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