3406 Manchaca RD # 9, Austin TX 78704

The market data from 7 similar recent sales in CASCADA CONDO points to a value of approximately $652,093. To sell within a reasonable timeframe at fair market value, the $673,000 to $686,000 range is where I'd position this. In the current CASCADA CONDO market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 2005 construction puts this home 8 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in CASCADA CONDO (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 3406 Menchaca RD # 14, Austin TX 78704, adjusting to $619,050; a strong comparable. 7 comparable transactions in CASCADA CONDO 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