3601 Manchaca RD # 121, Austin TX 78704

Based on 7 closed sales in SANCTUARY, the data points to a value around $324,079 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $322,000 to $341,000. This home's position in the current SANCTUARY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 1974 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.05 acres versus 0.09 for the typical comp. Right now, 3 similar properties are competing for buyers in SANCTUARY, listed between $330,000 and $359,900. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 3601 Menchaca RD # 105, Austin TX 78704 at an adjusted $316,402, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus