3404 Cambridge # B, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $449,562. I'd recommend coming to market at $381,000 to $391,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in MANOR ROAD, this price positions the property as the most expensive of 3 comparable homes on the market. This home's smaller footprint (114 sqft vs the comp average) plays a role in how the market prices it. Built in 1971, this home is 9 years newer than the average comp, which is reflected in the adjustments. The active market in MANOR ROAD includes 3 comparable homes priced from $345,000 to $650,000. 1909 Tillery ST, Austin TX 78723 nearby adjusts to $334,770; a strong comparable. Based on 3 relevant data points in MANOR ROAD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX