3204 Menchaca RD # 109, Austin TX 78704

Based on 7 closed sales in IVY CONDO THE, the data points to a value around $323,324 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $209,000 to $219,000. This home's position in the current IVY CONDO THE market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1985 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.06 acres versus 0.10 for the typical comp. With 7 similar homes currently listed in IVY CONDO THE (a buyer's market), competition is a factor to consider. Market data shows 78704 prices risen 0% over the last half year. The closest comparable sale, 3204 Menchaca RD # 216, Austin TX 78704 at an adjusted $235,000, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in IVY CONDO THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group