3406 Menchaca RD # 33, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $576,477. For a well positioned listing in CASCADA CONDO, I'd target the $591,000 to $655,000 range. In the current CASCADA CONDO market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 0.09 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in CASCADA CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 3406 Menchaca RD # 41, Austin TX 78704, with an adjusted value of $573,286; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group