3406 Menchaca RD # 26, Austin TX 78704

After reviewing 7 recent transactions in CASCADA CONDO, I estimate this property's value at $520,348. A competitive list price for this home right now would fall in the $410,000 to $420,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in CASCADA CONDO's current inventory. At 7 years newer than typical comps, the 2005 build date influences the valuation. The smaller lot (0.09 acres versus the area average of 0.13) contributes to the valuation. With 7 similar homes currently listed in CASCADA CONDO (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 4.9% over the last 6 months. A similar home at 3406 Menchaca RD # 28, Austin TX 78704 carries an adjusted comparable value of $453,696, providing a strong data point. The comp data here (7 sales in CASCADA CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus