3406 Menchaca RD # 13, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $552,741. Based on how the local market is moving, a list price between $612,000 and $627,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in CASCADA's current inventory. At 196 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in CASCADA (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 1.9%. The best comp here is 3805 Byron DR, Austin TX 78704 at an adjusted value of $598,689, a strong comparable. The comp data here (3 sales in CASCADA) 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